https://www.taxtmi.com/caselaws?id=178944 The appeal challenged the Tribunal's decision on the validity of an assessment order under Section 263 of the Income Tax Act for Assessment Year 2006-07. The Court upheld the Tribunal's ruling, determining that the assessment order was not erroneous or prejudicial to the revenue's interest. Citing the Malabar Industrial Co. Ltd. case, the Court found no substantial question of law and dismissed the appeal. No costs were awarded, and parties were directed to comply with the Court's order. en-us Mon, 16 Jul 2012 00:00:00 +0530 Thu, 15 Jun 2017 19:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178944 The appeal challenged the Tribunal's decision on the validity of an assessment order under Section 263 of the Income Tax Act for Assessment Year 2006-07. The Court upheld the Tribunal's ruling, determining that the assessment order was not erroneous or prejudicial to the revenue's interest. Citing the Malabar Industrial Co. Ltd. case, the Court found no substantial question of law and dismissed the appeal. No costs were awarded, and parties were directed to comply with the Court's order. Case-Laws Income Tax Mon, 16 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178944