https://www.taxtmi.com/caselaws?id=251027 The High Court ruled in favor of the assessee in appeals against the Income Tax Appellate Tribunal's orders. It held that the Assessing Officer had conducted necessary inquiries into the genuineness of agricultural income, contrary to the CIT's assertion. The Court found the CIT's order under Section 263 unjustified, as the Assessing Officer had complied with directives. The Court upheld the Tribunal's decision to cancel the CIT's revisional order, disregarding the relevance of prior orders. The Department's appeal was dismissed as having academic value, resulting in the dismissal of both Department appeals. en-us Tue, 19 Aug 2014 00:00:00 +0530 Tue, 02 Sep 2014 08:35:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251027 The High Court ruled in favor of the assessee in appeals against the Income Tax Appellate Tribunal's orders. It held that the Assessing Officer had conducted necessary inquiries into the genuineness of agricultural income, contrary to the CIT's assertion. The Court found the CIT's order under Section 263 unjustified, as the Assessing Officer had complied with directives. The Court upheld the Tribunal's decision to cancel the CIT's revisional order, disregarding the relevance of prior orders. The Department's appeal was dismissed as having academic value, resulting in the dismissal of both Department appeals. Case-Laws Income Tax Tue, 19 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251027