https://www.taxtmi.com/caselaws?id=279658 The Tribunal allowed both appeals filed by the assessee, quashing the order under Section 263 and the consequential order. The Tribunal upheld the explanations provided by the assessee regarding sales discrepancies and claims for excise duty and MAT credit. The judgment emphasized substantial justice over technicalities and reinforced the principle that revisional authorities must conduct their own examinations before directing further inquiries. en-us Wed, 28 Mar 2018 00:00:00 +0530 Sat, 30 Mar 2019 06:03:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279658 The Tribunal allowed both appeals filed by the assessee, quashing the order under Section 263 and the consequential order. The Tribunal upheld the explanations provided by the assessee regarding sales discrepancies and claims for excise duty and MAT credit. The judgment emphasized substantial justice over technicalities and reinforced the principle that revisional authorities must conduct their own examinations before directing further inquiries. Case-Laws Income Tax Wed, 28 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279658