https://www.taxtmi.com/caselaws?id=71960 The ITAT quashed the revision order passed by the CIT under Section 263, holding that the assessment order by the Assessing Officer was not erroneous or prejudicial to revenue. The ITAT allowed the appeals, confirming the admissibility of the bad debt claim and the company's compliance with the Companies Act provisions. en-us Fri, 04 Jan 2008 00:00:00 +0530 Thu, 28 Apr 2011 13:28:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71960 The ITAT quashed the revision order passed by the CIT under Section 263, holding that the assessment order by the Assessing Officer was not erroneous or prejudicial to revenue. The ITAT allowed the appeals, confirming the admissibility of the bad debt claim and the company's compliance with the Companies Act provisions. Case-Laws Income Tax Fri, 04 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71960