https://www.taxtmi.com/caselaws?id=390935 The Tribunal dismissed the appeal, upholding the Pr. CIT's jurisdiction under Section 263. The AO's failure to properly examine the investment details and conditions under Section 54F rendered the assessment order erroneous. The Tribunal affirmed the Pr. CIT's action as justified, emphasizing the importance of thorough enquiries and correct application of the law to prevent inaccurate assessments. en-us Fri, 10 Jan 2020 00:00:00 +0530 Wed, 15 Jan 2020 06:15:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390935 The Tribunal dismissed the appeal, upholding the Pr. CIT's jurisdiction under Section 263. The AO's failure to properly examine the investment details and conditions under Section 54F rendered the assessment order erroneous. The Tribunal affirmed the Pr. CIT's action as justified, emphasizing the importance of thorough enquiries and correct application of the law to prevent inaccurate assessments. Case-Laws Income Tax Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390935