https://www.taxtmi.com/caselaws?id=116675 The Tribunal upheld the Commissioner of Income-tax's decision to invoke section 263, finding the Assessing Officer's assessment erroneous due to inadequate verification of facts and relevant case laws. However, the Tribunal disagreed with the final decisions made by the Commissioner and remitted the issues back to the Assessing Officer for fresh consideration. The appeal was partly allowed for statistical purposes, with the revision order upheld but the specific directions set aside for reassessment by the Assessing Officer. en-us Thu, 08 Apr 2004 00:00:00 +0530 Thu, 14 Jun 2012 16:37:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116675 The Tribunal upheld the Commissioner of Income-tax's decision to invoke section 263, finding the Assessing Officer's assessment erroneous due to inadequate verification of facts and relevant case laws. However, the Tribunal disagreed with the final decisions made by the Commissioner and remitted the issues back to the Assessing Officer for fresh consideration. The appeal was partly allowed for statistical purposes, with the revision order upheld but the specific directions set aside for reassessment by the Assessing Officer. Case-Laws Income Tax Thu, 08 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116675