https://www.taxtmi.com/caselaws?id=205257 The Tribunal modified the Ld. CIT's order under section 263 of the Income Tax Act for Assessment Year 2006-07, allowing certain expenses previously disallowed. The Tribunal emphasized the need for errors prejudicial to revenue to exercise jurisdiction. The A.O. was directed to treat the order as set aside for specific items, and the assessee's appeal was partly allowed on 31.12.2010. en-us Fri, 31 Dec 2010 00:00:00 +0530 Fri, 20 Nov 2015 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205257 The Tribunal modified the Ld. CIT's order under section 263 of the Income Tax Act for Assessment Year 2006-07, allowing certain expenses previously disallowed. The Tribunal emphasized the need for errors prejudicial to revenue to exercise jurisdiction. The A.O. was directed to treat the order as set aside for specific items, and the assessee's appeal was partly allowed on 31.12.2010. Case-Laws Income Tax Fri, 31 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205257