https://www.taxtmi.com/caselaws?id=117745 The Tribunal set aside the revisional order of the CIT, restoring the assessment orders and allowing the appeals in favor of the assessee. The Tribunal emphasized that the Assessing Officer had conducted a proper inquiry and that the CIT's action under section 263 was unwarranted. The principles of natural justice were upheld, and the validity of the deductions under section 35AC was confirmed. en-us Thu, 30 Dec 2004 00:00:00 +0530 Tue, 26 Jun 2012 12:53:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117745 The Tribunal set aside the revisional order of the CIT, restoring the assessment orders and allowing the appeals in favor of the assessee. The Tribunal emphasized that the Assessing Officer had conducted a proper inquiry and that the CIT's action under section 263 was unwarranted. The principles of natural justice were upheld, and the validity of the deductions under section 35AC was confirmed. Case-Laws Income Tax Thu, 30 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117745