https://www.taxtmi.com/caselaws?id=205182 The Punjab and Haryana High Court ruled in favor of the Revenue in a case involving the reconstruction of files after a fire incident, the validity of the assessing officer's order, and the justification of action under Section 263 of the Income-Tax Act. The Court found the assessing officer's order to be erroneous due to lack of proper scrutiny, leading to the Commissioner of Income Tax's justified action under Section 263. The Court allowed the appeals in favor of the Revenue, affirming the validity of the CIT's decision to cancel the assessment order and direct a de novo assessment. en-us Tue, 01 Feb 2011 00:00:00 +0530 Thu, 09 Jun 2011 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205182 The Punjab and Haryana High Court ruled in favor of the Revenue in a case involving the reconstruction of files after a fire incident, the validity of the assessing officer's order, and the justification of action under Section 263 of the Income-Tax Act. The Court found the assessing officer's order to be erroneous due to lack of proper scrutiny, leading to the Commissioner of Income Tax's justified action under Section 263. The Court allowed the appeals in favor of the Revenue, affirming the validity of the CIT's decision to cancel the assessment order and direct a de novo assessment. Case-Laws Income Tax Tue, 01 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205182