https://www.taxtmi.com/caselaws?id=258786 The Tribunal held that the Commissioner of Income Tax (CIT) was unjustified in invoking Section 263 as the Assessing Officer (A.O) had already addressed the issues during assessment. The CIT's order canceling the assessment under Section 143(3) was set aside, and the Assessee's appeal was allowed. The additional ground raised by the Assessee was deemed academic and not decided. The order was pronounced in Open Court on 20-03-2015. en-us Fri, 20 Mar 2015 00:00:00 +0530 Mon, 20 Apr 2015 21:32:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258786 The Tribunal held that the Commissioner of Income Tax (CIT) was unjustified in invoking Section 263 as the Assessing Officer (A.O) had already addressed the issues during assessment. The CIT's order canceling the assessment under Section 143(3) was set aside, and the Assessee's appeal was allowed. The additional ground raised by the Assessee was deemed academic and not decided. The order was pronounced in Open Court on 20-03-2015. Case-Laws Income Tax Fri, 20 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258786