https://www.taxtmi.com/caselaws?id=221792 The Tribunal allowed the appeal, setting aside the revision order under section 263 of the Income Tax Act, 1961. The decision emphasized the need for clear findings on all issues and the correct application of legal provisions in assessment proceedings. The appellant successfully challenged the Commissioner of Income Tax's order, highlighting errors in the assessment related to deductions, provisions, and treatment of depreciation, leading to a direction for a fresh assessment to rectify the discrepancies. en-us Tue, 31 Jan 2012 00:00:00 +0530 Sat, 30 Mar 2013 08:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221792 The Tribunal allowed the appeal, setting aside the revision order under section 263 of the Income Tax Act, 1961. The decision emphasized the need for clear findings on all issues and the correct application of legal provisions in assessment proceedings. The appellant successfully challenged the Commissioner of Income Tax's order, highlighting errors in the assessment related to deductions, provisions, and treatment of depreciation, leading to a direction for a fresh assessment to rectify the discrepancies. Case-Laws Income Tax Tue, 31 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221792