https://www.taxtmi.com/caselaws?id=378993 The appeal challenging a show cause notice under Section 263 of the Income Tax Act for the assessment year 2015-16 was dismissed by the Court. The Court emphasized the need for the Commissioner to independently evaluate the appellant's response to the notice and issue a reasoned decision, separate from any previous observations. The appellant's contention that their reply should not be disregarded based on prior remarks was acknowledged, with the Court directing the Commissioner to assess whether the assessment order was truly erroneous and prejudicial to revenue. en-us Mon, 07 Jan 2019 00:00:00 +0530 Wed, 24 Apr 2019 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378993 The appeal challenging a show cause notice under Section 263 of the Income Tax Act for the assessment year 2015-16 was dismissed by the Court. The Court emphasized the need for the Commissioner to independently evaluate the appellant's response to the notice and issue a reasoned decision, separate from any previous observations. The appellant's contention that their reply should not be disregarded based on prior remarks was acknowledged, with the Court directing the Commissioner to assess whether the assessment order was truly erroneous and prejudicial to revenue. Case-Laws Income Tax Mon, 07 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378993