https://www.taxtmi.com/caselaws?id=328468 The Tribunal quashed the notice and order under Section 263 issued by the CIT(E), determining that the assessment order under Section 143(3) was not erroneous or prejudicial to the Revenue's interest. The appeal by the assessee was allowed as the CIT(E) failed to demonstrate any specific discrepancies or grounds for invoking Section 263, and the AO's inquiries and findings were deemed sufficient and in line with documentary evidence provided by the assessee. en-us Mon, 30 May 2016 00:00:00 +0530 Sat, 04 Jun 2016 14:29:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328468 The Tribunal quashed the notice and order under Section 263 issued by the CIT(E), determining that the assessment order under Section 143(3) was not erroneous or prejudicial to the Revenue's interest. The appeal by the assessee was allowed as the CIT(E) failed to demonstrate any specific discrepancies or grounds for invoking Section 263, and the AO's inquiries and findings were deemed sufficient and in line with documentary evidence provided by the assessee. Case-Laws Income Tax Mon, 30 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328468