https://www.taxtmi.com/caselaws?id=64960 The Tribunal upheld the Commissioner's order under Section 263, finding the Assessing Officer's assessment erroneous and prejudicial to revenue due to lack of jurisdiction, inadequate enquiry, and undue haste. The appeal was dismissed, and the AO was directed to redo the assessment after conducting a thorough investigation. en-us Mon, 30 Sep 1991 00:00:00 +0530 Fri, 11 Feb 2011 13:36:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64960 The Tribunal upheld the Commissioner's order under Section 263, finding the Assessing Officer's assessment erroneous and prejudicial to revenue due to lack of jurisdiction, inadequate enquiry, and undue haste. The appeal was dismissed, and the AO was directed to redo the assessment after conducting a thorough investigation. Case-Laws Income Tax Mon, 30 Sep 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64960