https://www.taxtmi.com/caselaws?id=391170 The Tribunal found the assessment order partly erroneous and prejudicial to revenue due to lack of inquiry by the Assessing Officer (AO) on the Terminal Excise Duty refund issue. The appeal was partly allowed, directing the AO to reframe the assessment after proper inquiries. The CIT's order was upheld to this extent, with the Tribunal setting aside the assessment on the Terminal Excise Duty refund issue. The AO was instructed to conduct necessary inquiries before reassessment. en-us Fri, 17 Jan 2020 00:00:00 +0530 Tue, 21 Jan 2020 08:17:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391170 The Tribunal found the assessment order partly erroneous and prejudicial to revenue due to lack of inquiry by the Assessing Officer (AO) on the Terminal Excise Duty refund issue. The appeal was partly allowed, directing the AO to reframe the assessment after proper inquiries. The CIT's order was upheld to this extent, with the Tribunal setting aside the assessment on the Terminal Excise Duty refund issue. The AO was instructed to conduct necessary inquiries before reassessment. Case-Laws Income Tax Fri, 17 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391170