https://www.taxtmi.com/caselaws?id=391074 The Tribunal quashed the order under Section 263 of the Income Tax Act, 1961, deeming it void ab initio. It held that the Principal Commissioner of Income Tax exceeded jurisdiction by initiating proceedings under Section 263 while the draft assessment order was under review by the Dispute Resolution Panel, which had not yet issued a final order. en-us Wed, 15 Jan 2020 00:00:00 +0530 Thu, 07 Nov 2024 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391074 The Tribunal quashed the order under Section 263 of the Income Tax Act, 1961, deeming it void ab initio. It held that the Principal Commissioner of Income Tax exceeded jurisdiction by initiating proceedings under Section 263 while the draft assessment order was under review by the Dispute Resolution Panel, which had not yet issued a final order. Case-Laws Income Tax Wed, 15 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391074