https://www.taxtmi.com/caselaws?id=72057 The Tribunal set aside the Commissioner of Income Tax's order under section 263 due to lack of proper opportunity given to the assessee and failure to follow the legal requirements. The assessee's appeal was allowed as the Commissioner did not verify service of notice, rushed the order without adequate opportunity, and the Assessing Officer had already determined no penalty was applicable based on relevant case law. en-us Fri, 15 Feb 2008 00:00:00 +0530 Tue, 07 Aug 2012 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72057 The Tribunal set aside the Commissioner of Income Tax's order under section 263 due to lack of proper opportunity given to the assessee and failure to follow the legal requirements. The assessee's appeal was allowed as the Commissioner did not verify service of notice, rushed the order without adequate opportunity, and the Assessing Officer had already determined no penalty was applicable based on relevant case law. Case-Laws Income Tax Fri, 15 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72057