https://www.taxtmi.com/caselaws?id=283139 The Tribunal set aside the Principal Commissioner of Income Tax's order under Section 263, ruling the reassessment order invalid due to the absence of a Section 143(2) notice. It found the Assessing Officer had conducted sufficient inquiries and considered relevant material, preventing revision under Section 263. The Tribunal emphasized the Commissioner cannot substitute his opinion for that of the Officer if a plausible view is taken. Consequently, the assessee's appeals were allowed. en-us Wed, 09 Jan 2019 00:00:00 +0530 Mon, 09 Sep 2019 17:25:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283139 The Tribunal set aside the Principal Commissioner of Income Tax's order under Section 263, ruling the reassessment order invalid due to the absence of a Section 143(2) notice. It found the Assessing Officer had conducted sufficient inquiries and considered relevant material, preventing revision under Section 263. The Tribunal emphasized the Commissioner cannot substitute his opinion for that of the Officer if a plausible view is taken. Consequently, the assessee's appeals were allowed. Case-Laws Income Tax Wed, 09 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283139