MANSAROVAR COMMERCIAL PVT. LTD. vs COMMISSIONER OF INCOME TAX DELHI

The Supreme Court addressed appeals from various commercial entities challenging the High Court's decision that quashed the ITAT's orders for assessment years 1987-88 to 1989-90. The court found that the High Court had erred in restoring the orders of the Assessing Officer, thereby reinstating the ITAT's original rulings in favor of the assessees. The judgment emphasizes the importance of the ITAT's role in tax assessments and the need for adherence to procedural fairness in tax matters.