https://www.taxtmi.com/caselaws?id=394391 The Tribunal held that the Assessing Officer's order was not erroneous or prejudicial to Revenue's interest. Consequently, the PCIT's jurisdiction under section 263 was deemed improper, and the orders were quashed for both appeals. The findings and decisions made in one appeal were applied mutatis-mutandis to the other appeal due to identical facts and issues. Ultimately, both appeals of the assessees were allowed. en-us Wed, 29 Jan 2020 00:00:00 +0530 Fri, 10 Apr 2020 13:48:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394391 The Tribunal held that the Assessing Officer's order was not erroneous or prejudicial to Revenue's interest. Consequently, the PCIT's jurisdiction under section 263 was deemed improper, and the orders were quashed for both appeals. The findings and decisions made in one appeal were applied mutatis-mutandis to the other appeal due to identical facts and issues. Ultimately, both appeals of the assessees were allowed. Case-Laws Income Tax Wed, 29 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394391