Assessment Based on Erroneous Facts: Madras HC Directs Petitioner to Approach Tribunal for Disputed Questions of Fact

In a recent ruling, the Madras High Court directed a petitioner to approach the Tribunal after it was found that the assessment in question was based on erroneous facts. The petitioner contested the tax assessment made by the Income Tax Department, arguing that the facts cited in the assessment were incorrect. The court concluded that the case involved disputed questions of fact that needed to be addressed at the appellate level. The judgment reinforces the importance of fact-based assessments and underlines that appeals related to factual discrepancies must be directed to specialized tribunals for a thorough review.