https://www.taxtmi.com/caselaws?id=242645 The Tribunal upheld the Ld. CIT's decision to invoke section 263 jurisdiction for issues related to the deduction under section 10A and depreciation on vehicles, leading to the dismissal of the assessee's appeal. Despite the deduction issue being in favor of the assessee, the revision order was upheld due to the assessing officer's failure to inquire and discuss the matter in the assessment order. The Tribunal emphasized the importance of the assessing officer's inquiry as per relevant legal precedents, ultimately supporting the Ld. CIT's decision in this case. en-us Thu, 20 Jun 2013 00:00:00 +0530 Sun, 19 Jan 2014 15:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242645 The Tribunal upheld the Ld. CIT's decision to invoke section 263 jurisdiction for issues related to the deduction under section 10A and depreciation on vehicles, leading to the dismissal of the assessee's appeal. Despite the deduction issue being in favor of the assessee, the revision order was upheld due to the assessing officer's failure to inquire and discuss the matter in the assessment order. The Tribunal emphasized the importance of the assessing officer's inquiry as per relevant legal precedents, ultimately supporting the Ld. CIT's decision in this case. Case-Laws Income Tax Thu, 20 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242645