https://www.taxtmi.com/caselaws?id=280361 The Tribunal held in favor of the appellant, ruling that the Commissioner of Income-tax (CIT) erred in challenging the Assessing Officer's order under section 263 of the Income-Tax Act. The Tribunal found that the AO's order was not prejudicial to the Revenue's interest as taxes were paid based on the directions of the Apex Court. Additionally, the Tribunal noted that the appellant adequately disclosed information regarding the provision for leave encashment, and the AO's decision to allow the claim was upheld. Ultimately, the appeal was allowed in favor of the appellant. en-us Fri, 13 Jan 2017 00:00:00 +0530 Thu, 02 May 2019 07:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280361 The Tribunal held in favor of the appellant, ruling that the Commissioner of Income-tax (CIT) erred in challenging the Assessing Officer's order under section 263 of the Income-Tax Act. The Tribunal found that the AO's order was not prejudicial to the Revenue's interest as taxes were paid based on the directions of the Apex Court. Additionally, the Tribunal noted that the appellant adequately disclosed information regarding the provision for leave encashment, and the AO's decision to allow the claim was upheld. Ultimately, the appeal was allowed in favor of the appellant. Case-Laws Income Tax Fri, 13 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280361