https://www.taxtmi.com/caselaws?id=329715 The ITAT Cochin allowed the appeal, setting aside the Commissioner's order under section 263 of the Income Tax Act. The court emphasized the importance of proper consideration of objections and factual justifications before invoking such provisions. The judgment highlighted the necessity for a thorough assessment process and adherence to legal requirements in tax matters. en-us Thu, 19 May 2016 00:00:00 +0530 Fri, 08 Jul 2016 12:57:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329715 The ITAT Cochin allowed the appeal, setting aside the Commissioner's order under section 263 of the Income Tax Act. The court emphasized the importance of proper consideration of objections and factual justifications before invoking such provisions. The judgment highlighted the necessity for a thorough assessment process and adherence to legal requirements in tax matters. Case-Laws Income Tax Thu, 19 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329715