1981 (8) TMI 2 - SC - Income Tax

Since it is not established that the claim was a belated one the proper order to be passed is to set aside the assessments and to direct the ITO to make fresh assessments in accordance with the procedure prescribed by law - Tribunal, therefore, erred in merely cancelling the assessment orders and in not issuing further directions - We do not, however, agree with the orders made by the High Court by which it upheld the assessments and directed the ITO to make appropriate modifications