https://www.taxtmi.com/caselaws?id=354626 The Tribunal found that the Commissioner of Income Tax's order under section 263 was unsustainable as it did not meet the criteria of being both erroneous and prejudicial to revenue interests. The Tribunal quashed the order and ruled in favor of the assessee, allowing their appeal. en-us Mon, 04 Dec 2017 00:00:00 +0530 Thu, 01 Feb 2018 07:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354626 The Tribunal found that the Commissioner of Income Tax's order under section 263 was unsustainable as it did not meet the criteria of being both erroneous and prejudicial to revenue interests. The Tribunal quashed the order and ruled in favor of the assessee, allowing their appeal. Case-Laws Income Tax Mon, 04 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354626