https://www.taxtmi.com/caselaws?id=283406 The Tribunal upheld the Principal Commissioner of Income Tax's (PCIT) order under Section 263, determining the assessment order as erroneous and prejudicial to revenue due to insufficient inquiry and verification by the Assessing Officer. The appeal by the assessee was dismissed, with the Tribunal finding no procedural deficiencies on the part of the PCIT. The decision was rendered on 11th January 2019. en-us Fri, 11 Jan 2019 00:00:00 +0530 Sat, 21 Sep 2019 12:30:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283406 The Tribunal upheld the Principal Commissioner of Income Tax's (PCIT) order under Section 263, determining the assessment order as erroneous and prejudicial to revenue due to insufficient inquiry and verification by the Assessing Officer. The appeal by the assessee was dismissed, with the Tribunal finding no procedural deficiencies on the part of the PCIT. The decision was rendered on 11th January 2019. Case-Laws Income Tax Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283406