https://www.taxtmi.com/caselaws?id=278658 The Tribunal allowed the appellant's appeal, condoning the delay in filing and admitting the appeal against the Pr.CIT's order for the assessment year 2009-10. The assessing officer's reassessment order, focusing on issues related to postal deposit, Syamala a/c, and agricultural loans, was upheld, with the Tribunal finding proper enquiries were conducted. The Pr.CIT's revision order under section 263 was set aside as it lacked jurisdiction and failed to establish errors or prejudice to revenue. The original assessment order was restored, emphasizing the adequacy of the assessing officer's enquiries and decision-making process. en-us Wed, 13 Sep 2017 00:00:00 +0530 Sat, 16 Feb 2019 06:27:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278658 The Tribunal allowed the appellant's appeal, condoning the delay in filing and admitting the appeal against the Pr.CIT's order for the assessment year 2009-10. The assessing officer's reassessment order, focusing on issues related to postal deposit, Syamala a/c, and agricultural loans, was upheld, with the Tribunal finding proper enquiries were conducted. The Pr.CIT's revision order under section 263 was set aside as it lacked jurisdiction and failed to establish errors or prejudice to revenue. The original assessment order was restored, emphasizing the adequacy of the assessing officer's enquiries and decision-making process. Case-Laws Income Tax Wed, 13 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278658