https://www.taxtmi.com/caselaws?id=372930 The Tribunal allowed the appellant's appeal, quashing the order passed under Section 263 by the Principal Commissioner of Income Tax. The Tribunal found that the issue on merits was covered in favor of the appellant by the decision of the Hon'ble Apex Court, and there was no occasion for the Principal Commissioner to exercise jurisdiction under Section 263. The delay in filing the appeal was condoned in the interest of justice. en-us Mon, 03 Dec 2018 00:00:00 +0530 Thu, 03 Jan 2019 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372930 The Tribunal allowed the appellant's appeal, quashing the order passed under Section 263 by the Principal Commissioner of Income Tax. The Tribunal found that the issue on merits was covered in favor of the appellant by the decision of the Hon'ble Apex Court, and there was no occasion for the Principal Commissioner to exercise jurisdiction under Section 263. The delay in filing the appeal was condoned in the interest of justice. Case-Laws Income Tax Mon, 03 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372930