1996 (1) TMI 11 - SUPREME COURT

Whether, on the facts and in the circumstances of the case, the order of assessment passed by the Income-tax Officer under section 143(3) read with section 144B on July 31, 1978, had merged with that of the Commissioner (Appeals) dated December 15, 1979, in respect of the three items in dispute so as to exclude the jurisdiction of the Commissioner of Income-tax under section 263 - question referred is, therefore, answered in the negative, in favour of the Revenue