https://www.taxtmi.com/caselaws?id=398126 The High Court upheld the Tribunal's decision, emphasizing that the assessment order was not erroneous and prejudicial to the revenue's interest under Section 263 of the Income Tax Act. The Court dismissed the appeal, focusing on the validity of the assessment order under Section 143(3) and the treatment of service income and TDS discrepancies in the assessment. The Tribunal's findings were supported by the Court, leading to the conclusion that the order under Section 263 should be quashed due to the lack of legal conditions being fulfilled. en-us Mon, 27 Jan 2020 00:00:00 +0530 Sun, 06 Sep 2020 21:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398126 The High Court upheld the Tribunal's decision, emphasizing that the assessment order was not erroneous and prejudicial to the revenue's interest under Section 263 of the Income Tax Act. The Court dismissed the appeal, focusing on the validity of the assessment order under Section 143(3) and the treatment of service income and TDS discrepancies in the assessment. The Tribunal's findings were supported by the Court, leading to the conclusion that the order under Section 263 should be quashed due to the lack of legal conditions being fulfilled. Case-Laws Income Tax Mon, 27 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398126