https://www.taxtmi.com/caselaws?id=364502 The ITAT allowed the appeals of the assessee, holding that the revision orders passed by the CIT under Section 263 were without jurisdiction. The ITAT emphasized that the AO had determined the ALV after considering relevant judicial pronouncements and material, and there was no error in the AO's order. The ITAT also clarified that the CIT could not invoke Section 263 when the issue was already a subject matter of appeal before the CIT(A). Consequently, the appeals of the assessee for all the years were allowed. en-us Wed, 25 Jul 2018 00:00:00 +0530 Tue, 31 Jul 2018 07:45:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364502 The ITAT allowed the appeals of the assessee, holding that the revision orders passed by the CIT under Section 263 were without jurisdiction. The ITAT emphasized that the AO had determined the ALV after considering relevant judicial pronouncements and material, and there was no error in the AO's order. The ITAT also clarified that the CIT could not invoke Section 263 when the issue was already a subject matter of appeal before the CIT(A). Consequently, the appeals of the assessee for all the years were allowed. Case-Laws Income Tax Wed, 25 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364502