https://www.taxtmi.com/caselaws?id=333952 The Tribunal allowed the appeal of the assessee, holding that the CIT's order under Section 263 was not justified as the AO could not revisit the issue of additional depreciation in the absence of incriminating material found during the search. The Tribunal quashed the CIT's order and concluded that the proceedings under Section 263 were invalid. en-us Wed, 19 Oct 2016 00:00:00 +0530 Fri, 28 Oct 2016 14:12:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333952 The Tribunal allowed the appeal of the assessee, holding that the CIT's order under Section 263 was not justified as the AO could not revisit the issue of additional depreciation in the absence of incriminating material found during the search. The Tribunal quashed the CIT's order and concluded that the proceedings under Section 263 were invalid. Case-Laws Income Tax Wed, 19 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333952