https://www.taxtmi.com/caselaws?id=367430 The ITAT held that the assessment order was not prejudicial to revenue as the appellant's transactions did not warrant TDS deduction under section 194H. The revisionary jurisdiction u/s.263 was deemed unsustainable due to the absence of revenue prejudice. Consequently, the order of the CIT was set aside, and the grounds raised by the appellant were allowed, resulting in the appeal being allowed in favor of the assessee. en-us Mon, 13 Aug 2018 00:00:00 +0530 Thu, 20 Sep 2018 08:22:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367430 The ITAT held that the assessment order was not prejudicial to revenue as the appellant's transactions did not warrant TDS deduction under section 194H. The revisionary jurisdiction u/s.263 was deemed unsustainable due to the absence of revenue prejudice. Consequently, the order of the CIT was set aside, and the grounds raised by the appellant were allowed, resulting in the appeal being allowed in favor of the assessee. Case-Laws Income Tax Mon, 13 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367430