https://www.taxtmi.com/caselaws?id=380878 The High Court upheld the ITAT's decision to set aside the Principal Commissioner's order under Section 263 of the Income Tax Act for AY 2009-2010. The Court found that the Principal Commissioner failed to conduct a proper inquiry before deeming the original assessment as erroneous, as required by Section 263. As a result, the appeal was dismissed, affirming the ITAT's ruling in favor of the Assessee. en-us Wed, 22 May 2019 00:00:00 +0530 Thu, 30 May 2019 09:59:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380878 The High Court upheld the ITAT's decision to set aside the Principal Commissioner's order under Section 263 of the Income Tax Act for AY 2009-2010. The Court found that the Principal Commissioner failed to conduct a proper inquiry before deeming the original assessment as erroneous, as required by Section 263. As a result, the appeal was dismissed, affirming the ITAT's ruling in favor of the Assessee. Case-Laws Income Tax Wed, 22 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380878