https://www.taxtmi.com/caselaws?id=209624 The Tribunal quashed the order passed under section 263, allowing the appeal of the assessee. It found that the Assessing Officer had thoroughly examined the information before making the assessment, and the Commissioner of Income-tax failed to demonstrate that the AO's decision was erroneous and prejudicial to the Revenue. The Tribunal emphasized the necessity for the Commissioner to apply an independent mind and not expand the scope of the show-cause notice beyond its initial parameters. en-us Fri, 07 Jan 2011 00:00:00 +0530 Fri, 12 Jul 2013 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209624 The Tribunal quashed the order passed under section 263, allowing the appeal of the assessee. It found that the Assessing Officer had thoroughly examined the information before making the assessment, and the Commissioner of Income-tax failed to demonstrate that the AO's decision was erroneous and prejudicial to the Revenue. The Tribunal emphasized the necessity for the Commissioner to apply an independent mind and not expand the scope of the show-cause notice beyond its initial parameters. Case-Laws Income Tax Fri, 07 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209624