1992 (2) TMI 49 - HC - Income Tax

Summary

The High Court of Orissa was asked to review a decision regarding the treatment of an assessment by the Income-tax Officer for the assessment year 1983-84. The Commissioner of Income-tax set aside the assessment under section 263 of the Income-tax Act, but the Tribunal disagreed, citing differing views in High Courts. The High Court directed the Tribunal to decide the case on its merits rather than solely based on conflicting opinions.