https://www.taxtmi.com/caselaws?id=192047 The Tribunal held that the assessment order under sections 143(3) and 153A was not erroneous or prejudicial to the Revenue's interest. The CIT's revision under section 263, disallowing additional depreciation on a windmill, was deemed unjustified as the issue was not based on seized material. The Tribunal quashed the CIT's order and allowed the assessee's appeal, emphasizing that the assessment order was in line with the provisions of the Income Tax Act, 1961. en-us Wed, 24 Jun 2015 00:00:00 +0530 Thu, 11 May 2017 09:37:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192047 The Tribunal held that the assessment order under sections 143(3) and 153A was not erroneous or prejudicial to the Revenue's interest. The CIT's revision under section 263, disallowing additional depreciation on a windmill, was deemed unjustified as the issue was not based on seized material. The Tribunal quashed the CIT's order and allowed the assessee's appeal, emphasizing that the assessment order was in line with the provisions of the Income Tax Act, 1961. Case-Laws Income Tax Wed, 24 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192047