https://www.taxtmi.com/caselaws?id=209759 The Tribunal upheld the CIT's decision to invoke revisional jurisdiction under Section 263 as the assessment order was deemed erroneous and prejudicial to the Revenue's interest due to non-compliance with Section 54F. The Tribunal emphasized adherence to statutory requirements, directing reassessment of the assessee's total income. en-us Wed, 25 Jan 2012 00:00:00 +0530 Sat, 11 Feb 2012 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209759 The Tribunal upheld the CIT's decision to invoke revisional jurisdiction under Section 263 as the assessment order was deemed erroneous and prejudicial to the Revenue's interest due to non-compliance with Section 54F. The Tribunal emphasized adherence to statutory requirements, directing reassessment of the assessee's total income. Case-Laws Income Tax Wed, 25 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209759