1995 (9) TMI 31 - HC - Income Tax

Extract:
.......the Income-tax Officer on the merits in order to make their claim a success. Therefore, the assessees are not prejudiced by the order passed by the Commissioner under section 263 of the Act. Accordingly, we answer questions Nos. 1 to 3 in the affirmative and against the assessee and question No. 4 in the negative and against the assessee. No costs.