https://www.taxtmi.com/caselaws?id=177961 The Tribunal allowed the assessee's appeal, holding that the Assessing Officer's order was not erroneous or prejudicial to the Revenue's interest. The Tribunal found that the CIT's invocation of jurisdiction under section 263 was unjustified in all three issues raised, including the management incentive disallowance and the deduction under section 10A. The Tribunal emphasized the lack of prejudice to the Revenue and canceled the CIT's order dated 20.03.2009. en-us Fri, 20 Mar 2009 00:00:00 +0530 Fri, 22 Jan 2016 18:34:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177961 The Tribunal allowed the assessee's appeal, holding that the Assessing Officer's order was not erroneous or prejudicial to the Revenue's interest. The Tribunal found that the CIT's invocation of jurisdiction under section 263 was unjustified in all three issues raised, including the management incentive disallowance and the deduction under section 10A. The Tribunal emphasized the lack of prejudice to the Revenue and canceled the CIT's order dated 20.03.2009. Case-Laws Income Tax Fri, 20 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177961