https://www.taxtmi.com/caselaws?id=189872 The Tribunal found that the Commissioner's assumption of jurisdiction under Section 263 of the Income Tax Act was not justified as the Assessing Officer had conducted adequate inquiries and the assessment orders were not erroneous or prejudicial to the revenue's interest. The Tribunal vacated the revision order and allowed the appellant's appeal for the assessment years 2009-10 and 2010-11. en-us Fri, 20 May 2016 00:00:00 +0530 Tue, 24 Jan 2017 15:11:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189872 The Tribunal found that the Commissioner's assumption of jurisdiction under Section 263 of the Income Tax Act was not justified as the Assessing Officer had conducted adequate inquiries and the assessment orders were not erroneous or prejudicial to the revenue's interest. The Tribunal vacated the revision order and allowed the appellant's appeal for the assessment years 2009-10 and 2010-11. Case-Laws Income Tax Fri, 20 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189872