https://www.taxtmi.com/caselaws?id=13044 The High Court affirmed the Tribunal's decision in favor of the assessee and against the Revenue. The Tribunal's annulment of the Commissioner's order u/s 263 was upheld as the assessments were found to be neither erroneous nor prejudicial to the Revenue. The Tribunal's findings were deemed reasonable and legally sound, emphasizing the thorough verification conducted under the supervision of the Commissioner of Income-tax (Vigilance). en-us Fri, 03 Aug 2001 00:00:00 +0530 Tue, 26 May 2009 10:59:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13044 The High Court affirmed the Tribunal's decision in favor of the assessee and against the Revenue. The Tribunal's annulment of the Commissioner's order u/s 263 was upheld as the assessments were found to be neither erroneous nor prejudicial to the Revenue. The Tribunal's findings were deemed reasonable and legally sound, emphasizing the thorough verification conducted under the supervision of the Commissioner of Income-tax (Vigilance). Case-Laws Income Tax Fri, 03 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13044