https://www.taxtmi.com/caselaws?id=200610 The Appellate Tribunal ITAT Kolkata quashed the order passed under section 263 of the Income Tax Act for the assessment year 1999-2000. The Tribunal found that the Assessing Officer had conducted sufficient inquiries during the original assessment, and there was no deficiency in the investigation process. Therefore, the Tribunal concluded that the order under section 263 was unsustainable and allowed the appeal, ultimately setting aside the revision order. en-us Wed, 16 May 2012 00:00:00 +0530 Tue, 21 Mar 2023 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200610 The Appellate Tribunal ITAT Kolkata quashed the order passed under section 263 of the Income Tax Act for the assessment year 1999-2000. The Tribunal found that the Assessing Officer had conducted sufficient inquiries during the original assessment, and there was no deficiency in the investigation process. Therefore, the Tribunal concluded that the order under section 263 was unsustainable and allowed the appeal, ultimately setting aside the revision order. Case-Laws Income Tax Wed, 16 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200610