2010 (9) TMI 49 - HC - Income Tax

Revision u/s 263 - Against the order of assessment the Commissioner passed an order under Section 263 and directed fresh assessment to be made. Accordingly fresh assessment was made. The said revisional order under Section 263 was set aside by the Tribunal against which appeal of the revenue was dismissed by this Court - Held that - the order passed by the Tribunal is merely consequential

Summary

The High Court dismissed the appeal by the Revenue under Section 260A of the Income Tax Act, 1961. The appeal was against the Tribunal's order quashing the Commissioner's order under Section 263 for the assessment year 2000-01. The Tribunal set aside the assessment made, and the High Court found no error in the impugned order. No substantial question of law arose, so the appeal was dismissed.