https://www.taxtmi.com/caselaws?id=9376 The Tribunal upheld the Commissioner's authority to invoke section 263 of the Income-tax Act, 1961, due to errors related to penalty proceedings and tax deductions at source certificates, deeming the assessment order erroneous and prejudicial to the Revenue. The Tribunal emphasized the importance of strict adherence to statutory provisions, particularly concerning penalty proceedings and tax deductions at source, highlighting the significance of accurate assessment procedures to safeguard the Revenue's interests. en-us Fri, 28 Jan 2005 00:00:00 +0530 Mon, 22 Jun 2009 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9376 The Tribunal upheld the Commissioner's authority to invoke section 263 of the Income-tax Act, 1961, due to errors related to penalty proceedings and tax deductions at source certificates, deeming the assessment order erroneous and prejudicial to the Revenue. The Tribunal emphasized the importance of strict adherence to statutory provisions, particularly concerning penalty proceedings and tax deductions at source, highlighting the significance of accurate assessment procedures to safeguard the Revenue's interests. Case-Laws Income Tax Fri, 28 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9376