SHAW WALLACE & CO. LTD. vs COMMNR. OF INCOME TAX, CALCUTTA . — C.A. No. 1082/2001

Summary of C.A. No. 001082/2001 - Shaw Wallace & Co. Ltd. v. Commissioner of Income Tax, Calcutta The Supreme Court set aside the Block Assessment order dated 30.3.2001 and remitted the matter to the Tribunal to hear the appellant's appeal against the Block Assessment order dated 28.11.1987, directing it to consider retrospective 2002 amendments and 2002 retrospective amendments. The Court also directed the CIT (Appeals) to rehear the regular assessment appeal dated 31.3.1998 without being bound by prior High Court observations, with both authorities required to decide within 2 months and the department restrained from coercive recovery action until 30 November 2002. This case analysis is maintained by casestatus.in based on publicly available court records.