https://www.taxtmi.com/caselaws?id=281354 The Tribunal allowed the appeals filed by the assessee, holding that the Commissioner was not justified in exercising jurisdiction under section 263 of the Income-tax Act. The order dropping penalty proceedings under section 271(1)(c) was upheld as it was not erroneous. The Tribunal reversed the revision order passed by the Commissioner and allowed the grounds of appeal raised by the assessee. en-us Mon, 30 Jul 2018 00:00:00 +0530 Sat, 15 Jun 2019 07:49:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281354 The Tribunal allowed the appeals filed by the assessee, holding that the Commissioner was not justified in exercising jurisdiction under section 263 of the Income-tax Act. The order dropping penalty proceedings under section 271(1)(c) was upheld as it was not erroneous. The Tribunal reversed the revision order passed by the Commissioner and allowed the grounds of appeal raised by the assessee. Case-Laws Income Tax Mon, 30 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281354