https://www.taxtmi.com/caselaws?id=386410 The Tribunal held that the Principal Commissioner of Income Tax (PCIT) acted unlawfully in exercising revisionary powers under Section 263 of the Income Tax Act. The PCIT's actions were deemed to violate principles of natural justice by not providing a fair hearing and conclusive findings against the assessee without proper opportunity to rebut. Consequently, the revisional order was nullified, and the appeal of the assessee was allowed. en-us Wed, 25 Sep 2019 00:00:00 +0530 Fri, 27 Sep 2019 08:01:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386410 The Tribunal held that the Principal Commissioner of Income Tax (PCIT) acted unlawfully in exercising revisionary powers under Section 263 of the Income Tax Act. The PCIT's actions were deemed to violate principles of natural justice by not providing a fair hearing and conclusive findings against the assessee without proper opportunity to rebut. Consequently, the revisional order was nullified, and the appeal of the assessee was allowed. Case-Laws Income Tax Wed, 25 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386410