1993 (3) TMI 46 - HC - Income Tax

Summary

The High Court of Bombay ruled in favor of the assessee, stating that the Income-tax Officer's orders under section 13(1)/14(1) of the Surtax Act were incorrect. The Tribunal cancelled these orders based on the lack of apparent mistake or a mistake that could not be resolved easily. The court referenced previous decisions and concluded in favor of the assessee, with no costs awarded.