https://www.taxtmi.com/caselaws?id=178101 The appeal against the order of ld. CIT-II, Kolkata u/s 263 of I.T.Act for Assessment Year 2007-08 was allowed. The Bench observed that the show cause notice lacked specificity on the deemed erroneous issue, rendering it unsustainable under law. As no further clarification was provided to the assessee, it was concluded that the order u/s 263 exceeded the jurisdiction granted by the notice. Therefore, the appeal of the assessee was allowed on 29.06.2012. en-us Fri, 29 Jun 2012 00:00:00 +0530 Thu, 28 Jan 2016 12:05:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178101 The appeal against the order of ld. CIT-II, Kolkata u/s 263 of I.T.Act for Assessment Year 2007-08 was allowed. The Bench observed that the show cause notice lacked specificity on the deemed erroneous issue, rendering it unsustainable under law. As no further clarification was provided to the assessee, it was concluded that the order u/s 263 exceeded the jurisdiction granted by the notice. Therefore, the appeal of the assessee was allowed on 29.06.2012. Case-Laws Income Tax Fri, 29 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178101