https://www.taxtmi.com/caselaws?id=121681 The Tribunal held that the Commissioner of Income-tax failed to establish that the assessment order was both erroneous and prejudicial to the interests of the revenue. Consequently, the revisional order passed under section 263 was canceled, and the original assessment order was restored. The appeal of the assessee was partly allowed. en-us Fri, 19 Dec 2008 00:00:00 +0530 Wed, 01 Aug 2012 14:55:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121681 The Tribunal held that the Commissioner of Income-tax failed to establish that the assessment order was both erroneous and prejudicial to the interests of the revenue. Consequently, the revisional order passed under section 263 was canceled, and the original assessment order was restored. The appeal of the assessee was partly allowed. Case-Laws Income Tax Fri, 19 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121681