https://www.taxtmi.com/caselaws?id=397223 The tribunal cancelled the revision order passed under Section 263 of the Income Tax Act, finding that the assessee had adequately supported their claims during assessment proceedings. The tribunal referred to precedents and determined that the Assessing Officer's order was not erroneous or prejudicial to revenue. The appeal filed by the assessee was allowed, and the procedural delay in issuing the order was deemed justified due to the COVID-19 pandemic. en-us Tue, 14 Jul 2020 00:00:00 +0530 Mon, 10 Aug 2020 12:57:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397223 The tribunal cancelled the revision order passed under Section 263 of the Income Tax Act, finding that the assessee had adequately supported their claims during assessment proceedings. The tribunal referred to precedents and determined that the Assessing Officer's order was not erroneous or prejudicial to revenue. The appeal filed by the assessee was allowed, and the procedural delay in issuing the order was deemed justified due to the COVID-19 pandemic. Case-Laws Income Tax Tue, 14 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397223