https://www.taxtmi.com/caselaws?id=382591 The Tribunal set aside the Principal CIT's orders under Section 263 and restored the Assessing Officer's orders under Section 153A/143(3), allowing the assessee's appeals. The decision emphasized that the Assessing Officer had made proper enquiries and that the legal position supported the non-applicability of Section 2(22)(e) to the loans in question. en-us Fri, 03 May 2019 00:00:00 +0530 Fri, 05 Jul 2019 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382591 The Tribunal set aside the Principal CIT's orders under Section 263 and restored the Assessing Officer's orders under Section 153A/143(3), allowing the assessee's appeals. The decision emphasized that the Assessing Officer had made proper enquiries and that the legal position supported the non-applicability of Section 2(22)(e) to the loans in question. Case-Laws Income Tax Fri, 03 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382591