https://www.taxtmi.com/caselaws?id=234186 The court upheld the Commissioner's order under section 263 of the Income Tax Act, finding the assessment order for the Assessment Year 2008-2009 erroneous and prejudicial to the revenue due to the lack of proper inquiry by the Assessing Officer. The court dismissed the writ petition, emphasizing the importance of availing statutory remedies and directing the petitioner to seek remedy through the statutory appeal process before the Income Tax Appellate Tribunal. en-us Fri, 24 May 2013 00:00:00 +0530 Sat, 01 Jun 2013 05:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234186 The court upheld the Commissioner's order under section 263 of the Income Tax Act, finding the assessment order for the Assessment Year 2008-2009 erroneous and prejudicial to the revenue due to the lack of proper inquiry by the Assessing Officer. The court dismissed the writ petition, emphasizing the importance of availing statutory remedies and directing the petitioner to seek remedy through the statutory appeal process before the Income Tax Appellate Tribunal. Case-Laws Income Tax Fri, 24 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234186