https://www.taxtmi.com/caselaws?id=382965 The Tribunal upheld the Principal Commissioner of Income Tax's orders under Section 263, finding the assessment erroneous and prejudicial to revenue due to incorrect allowance of exemptions and lack of proper inquiry. The Tribunal dismissed the appeals for assessment years 2010-11 and 2013-14, directing the assessing officer to reexamine and reframe the assessments in accordance with the law without influence from the previous order. The decision was pronounced on 10.07.2019. en-us Wed, 10 Jul 2019 00:00:00 +0530 Fri, 12 Jul 2019 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382965 The Tribunal upheld the Principal Commissioner of Income Tax's orders under Section 263, finding the assessment erroneous and prejudicial to revenue due to incorrect allowance of exemptions and lack of proper inquiry. The Tribunal dismissed the appeals for assessment years 2010-11 and 2013-14, directing the assessing officer to reexamine and reframe the assessments in accordance with the law without influence from the previous order. The decision was pronounced on 10.07.2019. Case-Laws Income Tax Wed, 10 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382965