https://www.taxtmi.com/caselaws?id=175764 The Tribunal set aside the orders of the CIT passed under Section 263 for both assessment years. It found that the orders were passed in violation of the principles of natural justice, there was no error in the assessment orders prejudicial to the interests of the Revenue, and the EMI method adopted by the assessee for income-tax purposes was correct and in accordance with the agreements. en-us Thu, 25 Jan 1996 00:00:00 +0530 Fri, 04 Dec 2015 15:56:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175764 The Tribunal set aside the orders of the CIT passed under Section 263 for both assessment years. It found that the orders were passed in violation of the principles of natural justice, there was no error in the assessment orders prejudicial to the interests of the Revenue, and the EMI method adopted by the assessee for income-tax purposes was correct and in accordance with the agreements. Case-Laws Income Tax Thu, 25 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175764