https://www.taxtmi.com/caselaws?id=67266 The Tribunal held that the assessment order was not erroneous or prejudicial to the interests of Revenue, citing relevant case law and finding that the Assessing Officer had properly examined the gifts received and unexplained investment in the godown. Consequently, the CIT's order under section 263 was quashed, and the original assessment order from 22nd March, 1996, was reinstated, leading to the allowance of the assessee's appeal. en-us Thu, 13 Jan 2000 00:00:00 +0530 Wed, 09 Mar 2011 18:04:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67266 The Tribunal held that the assessment order was not erroneous or prejudicial to the interests of Revenue, citing relevant case law and finding that the Assessing Officer had properly examined the gifts received and unexplained investment in the godown. Consequently, the CIT's order under section 263 was quashed, and the original assessment order from 22nd March, 1996, was reinstated, leading to the allowance of the assessee's appeal. Case-Laws Income Tax Thu, 13 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67266