https://www.taxtmi.com/caselaws?id=262788 The Tribunal allowed the appeal of the assessee, dismissing the Revenue's Cross Objections. It held that the Cross Objections were not maintainable against orders under Section 263. The Tribunal also found that the provisions of Section 40A(3) and 40(a)(ia) were not applicable in this case. Additionally, it quashed the order passed under Section 263, ruling it was neither erroneous nor prejudicial to the Revenue's interest. en-us Fri, 07 Aug 2015 00:00:00 +0530 Mon, 17 Aug 2015 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262788 The Tribunal allowed the appeal of the assessee, dismissing the Revenue's Cross Objections. It held that the Cross Objections were not maintainable against orders under Section 263. The Tribunal also found that the provisions of Section 40A(3) and 40(a)(ia) were not applicable in this case. Additionally, it quashed the order passed under Section 263, ruling it was neither erroneous nor prejudicial to the Revenue's interest. Case-Laws Income Tax Fri, 07 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262788