https://www.taxtmi.com/caselaws?id=352300 The Tribunal ruled in favor of the assessee, quashing the order passed by the Principal Commissioner of Income Tax under section 263. It held that the assessment order was not erroneous or prejudicial to the interest of the Revenue. The Tribunal emphasized the duty of the Assessing Officer to investigate and ascertain facts, finding no issues with the assessment order and allowing the appeal filed by the assessee. en-us Wed, 18 Oct 2017 00:00:00 +0530 Tue, 12 Dec 2017 09:35:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352300 The Tribunal ruled in favor of the assessee, quashing the order passed by the Principal Commissioner of Income Tax under section 263. It held that the assessment order was not erroneous or prejudicial to the interest of the Revenue. The Tribunal emphasized the duty of the Assessing Officer to investigate and ascertain facts, finding no issues with the assessment order and allowing the appeal filed by the assessee. Case-Laws Income Tax Wed, 18 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352300