https://www.taxtmi.com/caselaws?id=350381 The High Court dismissed the appeal filed by the department, affirming the order passed by the Income Tax Appellate Tribunal. The Court held that the initiation of proceedings under Section 263 by an unauthorized officer without proper satisfaction recorded by the competent authority rendered the order erroneous and prejudicial to the interest of revenue, leading to the dismissal of the appeal. en-us Tue, 10 Oct 2017 00:00:00 +0530 Sat, 04 Nov 2017 08:37:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350381 The High Court dismissed the appeal filed by the department, affirming the order passed by the Income Tax Appellate Tribunal. The Court held that the initiation of proceedings under Section 263 by an unauthorized officer without proper satisfaction recorded by the competent authority rendered the order erroneous and prejudicial to the interest of revenue, leading to the dismissal of the appeal. Case-Laws Income Tax Tue, 10 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350381