https://www.taxtmi.com/caselaws?id=150344 The Tribunal upheld the Commissioner's decision to revise the Assessment Order under Section 263 of the IT Act, emphasizing the importance of proper examination of receipts for deduction under Section 80IB. The lack of proper inquiry by the Assessing Officer regarding specific receipts led to the order being deemed erroneous and prejudicial to revenue. The Tribunal rejected the appellant's arguments, affirming the revision and dismissing the appeal. en-us Fri, 16 Jan 2009 00:00:00 +0530 Mon, 13 May 2013 15:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150344 The Tribunal upheld the Commissioner's decision to revise the Assessment Order under Section 263 of the IT Act, emphasizing the importance of proper examination of receipts for deduction under Section 80IB. The lack of proper inquiry by the Assessing Officer regarding specific receipts led to the order being deemed erroneous and prejudicial to revenue. The Tribunal rejected the appellant's arguments, affirming the revision and dismissing the appeal. Case-Laws Income Tax Fri, 16 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150344