https://www.taxtmi.com/caselaws?id=209250 The case involved an appeal by the Revenue against the order of the Income-tax Appellate Tribunal (ITAT) regarding the jurisdiction of the Commissioner of Income-tax under section 263 of the Income-tax Act, 1961. The ITAT concluded that the assessment order was not erroneous or prejudicial to the Revenue's interests. The Tribunal allowed the appeal of the assessee, stating that the fabrication charges on job-work amounted to manufacturing, and the insurance claim did not result in real income. The Tribunal's decision was based on the assessment order not being flawed, leading to the dismissal of the Revenue's appeal. en-us Mon, 27 Sep 2010 00:00:00 +0530 Thu, 25 Jul 2013 13:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209250 The case involved an appeal by the Revenue against the order of the Income-tax Appellate Tribunal (ITAT) regarding the jurisdiction of the Commissioner of Income-tax under section 263 of the Income-tax Act, 1961. The ITAT concluded that the assessment order was not erroneous or prejudicial to the Revenue's interests. The Tribunal allowed the appeal of the assessee, stating that the fabrication charges on job-work amounted to manufacturing, and the insurance claim did not result in real income. The Tribunal's decision was based on the assessment order not being flawed, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Mon, 27 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209250