https://www.taxtmi.com/caselaws?id=120147 The Tribunal quashed the order of the CIT, ruling that the CIT was not justified in revising the assessment order under section 263 as the twin conditions of being erroneous and prejudicial to revenue were not met. The appeal of the assessee was allowed. en-us Wed, 31 May 2006 00:00:00 +0530 Tue, 17 Jul 2012 12:22:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120147 The Tribunal quashed the order of the CIT, ruling that the CIT was not justified in revising the assessment order under section 263 as the twin conditions of being erroneous and prejudicial to revenue were not met. The appeal of the assessee was allowed. Case-Laws Income Tax Wed, 31 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120147