https://www.taxtmi.com/caselaws?id=253964 The High Court upheld the Tribunal's decision that the Assessing Officer's order was not erroneous or prejudicial to the Revenue's interest. The Court dismissed the Revenue's appeals, emphasizing that the Assessing Officer had taken a possible and plausible view, in line with legal principles. The Tribunal's scrutiny found that the Commissioner had overstepped jurisdiction by interfering with the Assessing Officer's decision, lacking consideration of all relevant material. The Court found no substantial legal question and affirmed the Tribunal's ruling. en-us Thu, 20 Nov 2014 00:00:00 +0530 Mon, 08 Dec 2014 21:17:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253964 The High Court upheld the Tribunal's decision that the Assessing Officer's order was not erroneous or prejudicial to the Revenue's interest. The Court dismissed the Revenue's appeals, emphasizing that the Assessing Officer had taken a possible and plausible view, in line with legal principles. The Tribunal's scrutiny found that the Commissioner had overstepped jurisdiction by interfering with the Assessing Officer's decision, lacking consideration of all relevant material. The Court found no substantial legal question and affirmed the Tribunal's ruling. Case-Laws Income Tax Thu, 20 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253964