https://www.taxtmi.com/caselaws?id=197216 The Tribunal set aside the revision order passed u/s 263, finding that the Commissioner did not establish that the assessment order was erroneous and prejudicial to the interest of revenue. The Tribunal emphasized the necessity for a definitive finding of error before directing further enquiry. It referenced case law to support its conclusion that the original order was a possible view and not erroneous. Consequently, the appeal of the assessee challenging the revision order was allowed. en-us Fri, 10 May 2013 00:00:00 +0530 Sat, 30 Dec 2017 15:50:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197216 The Tribunal set aside the revision order passed u/s 263, finding that the Commissioner did not establish that the assessment order was erroneous and prejudicial to the interest of revenue. The Tribunal emphasized the necessity for a definitive finding of error before directing further enquiry. It referenced case law to support its conclusion that the original order was a possible view and not erroneous. Consequently, the appeal of the assessee challenging the revision order was allowed. Case-Laws Income Tax Fri, 10 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197216