Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1985 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1985 (3) TMI 44 - MADRAS HIGH COURTExtract: ....... the basis of the market value as on January 1, 1964, is on erroneous basis. Therefore, the Tribunal is justified in upholding the jurisdiction of the Commissioner of Income-tax under section 263 of the Income-tax Act. We are not, therefore, directing a reference in this case. The petition is dismissed. There will, however, be no order as to costs.
|