https://www.taxtmi.com/caselaws?id=257641 The appeal was dismissed, upholding the validity of the show-cause notice issued under section 263 of the Income-tax Act 1961. The court found the notice legal and valid as it pointed out errors in the Assessing Officer's order. The appellant's argument regarding the Commissioner not examining assessment records was rejected, with the court determining that the Commissioner had fulfilled the necessary requirements before issuing the notice. The judgment stressed the importance of objective justifiability and careful consideration in decisions made under section 263. The appeal and application were dismissed without costs. en-us Tue, 19 Aug 2014 00:00:00 +0530 Wed, 18 Mar 2015 08:15:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257641 The appeal was dismissed, upholding the validity of the show-cause notice issued under section 263 of the Income-tax Act 1961. The court found the notice legal and valid as it pointed out errors in the Assessing Officer's order. The appellant's argument regarding the Commissioner not examining assessment records was rejected, with the court determining that the Commissioner had fulfilled the necessary requirements before issuing the notice. The judgment stressed the importance of objective justifiability and careful consideration in decisions made under section 263. The appeal and application were dismissed without costs. Case-Laws Income Tax Tue, 19 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257641