https://www.taxtmi.com/caselaws?id=64363 The Tribunal upheld the CIT's order under Section 263, finding the AO's assessment erroneous and prejudicial to the Revenue. The CIT's directive to recompute income in accordance with the DTAA and IT Act was deemed justified. The Tribunal emphasized the necessity of proper assessment and adherence to legal provisions, dismissing the assessee's appeal. en-us Thu, 20 Nov 2008 00:00:00 +0530 Mon, 06 Aug 2012 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64363 The Tribunal upheld the CIT's order under Section 263, finding the AO's assessment erroneous and prejudicial to the Revenue. The CIT's directive to recompute income in accordance with the DTAA and IT Act was deemed justified. The Tribunal emphasized the necessity of proper assessment and adherence to legal provisions, dismissing the assessee's appeal. Case-Laws Income Tax Thu, 20 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64363