ITAT cannot enhance assessment in appeal under IT Act, 1961

Sanmar Speciality Chemicals Ltd. Vs ITO (Madras High Court)

Tribunal has no power under the Income Tax Act to enhance the assessment in an appeal. Equally, it cannot be done on an order of remand being passed by the Tribunal to the Assessing Officer. Therefore, we opine that it is sufficient to clarify the legal position as held by the Honble Supreme Court in Hukumchand Mills Ltd., case and in MCORP Global (P) Ltd. case followed by the High Court of Gujarat in <

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