https://www.taxtmi.com/caselaws?id=328046 The Tribunal set aside the Commissioner of Income Tax's order under Section 263, allowing the assessee's appeal. The Tribunal found that the Commissioner failed to conduct necessary inquiries before determining the Assessing Officer's order as erroneous and prejudicial to revenue. Citing relevant case law, the Tribunal emphasized that the Commissioner can only intervene if the Assessing Officer did not conduct any inquiry. The decision highlighted the importance of proper examination before invoking Section 263. en-us Tue, 19 Apr 2016 00:00:00 +0530 Wed, 25 May 2016 08:25:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328046 The Tribunal set aside the Commissioner of Income Tax's order under Section 263, allowing the assessee's appeal. The Tribunal found that the Commissioner failed to conduct necessary inquiries before determining the Assessing Officer's order as erroneous and prejudicial to revenue. Citing relevant case law, the Tribunal emphasized that the Commissioner can only intervene if the Assessing Officer did not conduct any inquiry. The decision highlighted the importance of proper examination before invoking Section 263. Case-Laws Income Tax Tue, 19 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328046