https://www.taxtmi.com/caselaws?id=335977 The Tribunal held that the Principal Commissioner of Income Tax (Pr. CIT) wrongly assumed jurisdiction under Section 263 as the original assessment order was not erroneous or prejudicial to Revenue. The Tribunal quashed the Pr. CIT's order, restoring the Assessing Officer's assessment order. The appellant's appeal was allowed. en-us Fri, 02 Dec 2016 00:00:00 +0530 Tue, 13 Dec 2016 12:24:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335977 The Tribunal held that the Principal Commissioner of Income Tax (Pr. CIT) wrongly assumed jurisdiction under Section 263 as the original assessment order was not erroneous or prejudicial to Revenue. The Tribunal quashed the Pr. CIT's order, restoring the Assessing Officer's assessment order. The appellant's appeal was allowed. Case-Laws Income Tax Fri, 02 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335977