https://www.taxtmi.com/caselaws?id=327436 The Appellate Tribunal upheld the Commissioner of Income Tax's decision to invoke jurisdiction under section 263 of the IT Act, remanding the issue of prior period expenses to the Assessing Officer for proper examination. The appeal challenging the revision order was dismissed, emphasizing the necessity for thorough inquiry and verification in tax assessment proceedings. en-us Thu, 03 Sep 2015 00:00:00 +0530 Wed, 11 May 2016 10:41:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327436 The Appellate Tribunal upheld the Commissioner of Income Tax's decision to invoke jurisdiction under section 263 of the IT Act, remanding the issue of prior period expenses to the Assessing Officer for proper examination. The appeal challenging the revision order was dismissed, emphasizing the necessity for thorough inquiry and verification in tax assessment proceedings. Case-Laws Income Tax Thu, 03 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327436