https://www.taxtmi.com/caselaws?id=371416 The Tribunal allowed the appeal, declaring the PCIT's order under section 263 for the assessment year 2012-13 as invalid and bad in law, following the decision made in a similar case for the assessment year 2010-11. The Tribunal ruled in favor of the appellant, holding that the PCIT's exercise of revisionary powers was not valid, and the grounds of appeal raised by the appellant were allowed. en-us Tue, 16 Oct 2018 00:00:00 +0530 Tue, 04 Dec 2018 08:59:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371416 The Tribunal allowed the appeal, declaring the PCIT's order under section 263 for the assessment year 2012-13 as invalid and bad in law, following the decision made in a similar case for the assessment year 2010-11. The Tribunal ruled in favor of the appellant, holding that the PCIT's exercise of revisionary powers was not valid, and the grounds of appeal raised by the appellant were allowed. Case-Laws Income Tax Tue, 16 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371416