https://www.taxtmi.com/caselaws?id=393797 The Tribunal set aside the CIT's order under section 263 of the Income Tax Act, finding it lacked sufficient grounds to prove the assessment order was erroneous and prejudicial to revenue. The matter was restored to the CIT for fresh consideration, directing a thorough review of the records and the assessee's submissions. The appeal was allowed for statistical purposes. en-us Thu, 20 Feb 2020 00:00:00 +0530 Mon, 23 Mar 2020 11:48:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393797 The Tribunal set aside the CIT's order under section 263 of the Income Tax Act, finding it lacked sufficient grounds to prove the assessment order was erroneous and prejudicial to revenue. The matter was restored to the CIT for fresh consideration, directing a thorough review of the records and the assessee's submissions. The appeal was allowed for statistical purposes. Case-Laws Income Tax Thu, 20 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393797