https://www.taxtmi.com/caselaws?id=247745 The court dismissed the writ petition challenging the show cause notice under Section 263 of the Income Tax Act, finding it valid. The court upheld the Commissioner's jurisdiction and authority, emphasizing the need for the order to be both erroneous and prejudicial to the revenue for Section 263 to apply. It noted the availability of an appeal as an alternative remedy and found no violation of natural justice principles in the proceedings. No costs were awarded, and certified copies of the judgment were to be provided to the parties. en-us Thu, 08 May 2014 00:00:00 +0530 Wed, 20 Aug 2014 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247745 The court dismissed the writ petition challenging the show cause notice under Section 263 of the Income Tax Act, finding it valid. The court upheld the Commissioner's jurisdiction and authority, emphasizing the need for the order to be both erroneous and prejudicial to the revenue for Section 263 to apply. It noted the availability of an appeal as an alternative remedy and found no violation of natural justice principles in the proceedings. No costs were awarded, and certified copies of the judgment were to be provided to the parties. Case-Laws Income Tax Thu, 08 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247745