https://www.taxtmi.com/caselaws?id=374046 The Tribunal dismissed the Tax Appeal challenging the order under Section 263 of the Income Tax Act for Assessment Year 2010-11. It held that the Assessing Officer had appropriately applied her mind and conducted necessary inquiries, contrary to the Commissioner of Income Tax's findings. Relying on legal precedent, the Tribunal concluded that the assessment order was not erroneous, emphasizing that a different view on facts does not render an assessment order incorrect unless it is perverse. Consequently, the appeal was dismissed, with no order as to costs. en-us Fri, 18 Jan 2019 00:00:00 +0530 Thu, 24 Jan 2019 07:28:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374046 The Tribunal dismissed the Tax Appeal challenging the order under Section 263 of the Income Tax Act for Assessment Year 2010-11. It held that the Assessing Officer had appropriately applied her mind and conducted necessary inquiries, contrary to the Commissioner of Income Tax's findings. Relying on legal precedent, the Tribunal concluded that the assessment order was not erroneous, emphasizing that a different view on facts does not render an assessment order incorrect unless it is perverse. Consequently, the appeal was dismissed, with no order as to costs. Case-Laws Income Tax Fri, 18 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374046