https://www.taxtmi.com/caselaws?id=257423 The Tribunal found that the assessment order was not erroneous as it was based on one of the possible views and had followed the directions of the Additional CIT. The CIT's revisionary order was deemed invalid as it did not revise the directions of the Additional CIT. Consequently, the appeal was allowed, the assessment order was restored, and the revision order under section 263 was set aside. Other issues raised by the assessee were not addressed as the revision order was found to be invalid. en-us Fri, 13 Feb 2015 00:00:00 +0530 Sun, 03 May 2015 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257423 The Tribunal found that the assessment order was not erroneous as it was based on one of the possible views and had followed the directions of the Additional CIT. The CIT's revisionary order was deemed invalid as it did not revise the directions of the Additional CIT. Consequently, the appeal was allowed, the assessment order was restored, and the revision order under section 263 was set aside. Other issues raised by the assessee were not addressed as the revision order was found to be invalid. Case-Laws Income Tax Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257423