https://www.taxtmi.com/caselaws?id=336041 The Tribunal allowed the appeal of the assessee and quashed the order of the CIT passed under Section 263 of the Income Tax Act, 1961. The Tribunal concluded that the AO's order was not erroneous or prejudicial to the interest of the Revenue, deeming the proceedings under Section 263 unwarranted. en-us Fri, 09 Dec 2016 00:00:00 +0530 Wed, 14 Dec 2016 16:17:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336041 The Tribunal allowed the appeal of the assessee and quashed the order of the CIT passed under Section 263 of the Income Tax Act, 1961. The Tribunal concluded that the AO's order was not erroneous or prejudicial to the interest of the Revenue, deeming the proceedings under Section 263 unwarranted. Case-Laws Income Tax Fri, 09 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336041