https://www.taxtmi.com/caselaws?id=269392 The Tribunal allowed the assessee's appeals for all assessment years, holding that the assessment order under section 143(3) read with section 153C could not be revised under section 263. The Tribunal emphasized that the A.O. had applied his mind to the facts and had taken a permissible view, and the order was not erroneous or prejudicial to the interests of the Revenue. The Tribunal also held that the revision order under section 263 was not sustainable in light of the Addl. CIT's approval under section 153D. en-us Fri, 04 Dec 2015 00:00:00 +0530 Thu, 10 Dec 2015 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269392 The Tribunal allowed the assessee's appeals for all assessment years, holding that the assessment order under section 143(3) read with section 153C could not be revised under section 263. The Tribunal emphasized that the A.O. had applied his mind to the facts and had taken a permissible view, and the order was not erroneous or prejudicial to the interests of the Revenue. The Tribunal also held that the revision order under section 263 was not sustainable in light of the Addl. CIT's approval under section 153D. Case-Laws Income Tax Fri, 04 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269392