https://www.taxtmi.com/caselaws?id=62762 The Tribunal upheld the Commissioner's order to set aside the AO's assessment, directing a fresh assessment after proper inquiries. The appeal by the assessee was dismissed, affirming that the AO's order was erroneous and prejudicial to the interests of the Revenue. The principles of natural justice were deemed satisfied, and the Commissioner's jurisdiction under Section 263 was validated. en-us Tue, 08 Apr 2008 00:00:00 +0530 Wed, 12 Jun 2013 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62762 The Tribunal upheld the Commissioner's order to set aside the AO's assessment, directing a fresh assessment after proper inquiries. The appeal by the assessee was dismissed, affirming that the AO's order was erroneous and prejudicial to the interests of the Revenue. The principles of natural justice were deemed satisfied, and the Commissioner's jurisdiction under Section 263 was validated. Case-Laws Income Tax Tue, 08 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62762