https://www.taxtmi.com/caselaws?id=388751 The Tribunal held that the Principal Commissioner of Income Tax was not justified in invoking Section 263 while the same issue was pending before the CIT(A). The order under Section 263 was set aside, allowing the assessee's appeal. The Tribunal emphasized that the Revenue could seek expedited disposal of the appeal before the CIT(A). Other grounds raised by the assessee were considered academic. The assessee was granted liberty to present submissions before the CIT(A). The order was pronounced on 19.11.2019. en-us Tue, 19 Nov 2019 00:00:00 +0530 Fri, 22 Nov 2019 10:00:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388751 The Tribunal held that the Principal Commissioner of Income Tax was not justified in invoking Section 263 while the same issue was pending before the CIT(A). The order under Section 263 was set aside, allowing the assessee's appeal. The Tribunal emphasized that the Revenue could seek expedited disposal of the appeal before the CIT(A). Other grounds raised by the assessee were considered academic. The assessee was granted liberty to present submissions before the CIT(A). The order was pronounced on 19.11.2019. Case-Laws Income Tax Tue, 19 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388751