https://www.taxtmi.com/caselaws?id=400863 The Tribunal allowed the appeal of the assessee, quashing the order passed under Section 263 by the CIT(E). The Tribunal held that the initiation of proceedings based on the proposal by the Assessing Officer was impermissible and that the conditions under Section 13(9) were met. Emphasizing adherence to legal principles, the Tribunal highlighted the importance of satisfying the requirements for jurisdiction under Section 263. en-us Wed, 30 Sep 2020 00:00:00 +0530 Tue, 27 Dec 2022 14:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400863 The Tribunal allowed the appeal of the assessee, quashing the order passed under Section 263 by the CIT(E). The Tribunal held that the initiation of proceedings based on the proposal by the Assessing Officer was impermissible and that the conditions under Section 13(9) were met. Emphasizing adherence to legal principles, the Tribunal highlighted the importance of satisfying the requirements for jurisdiction under Section 263. Case-Laws Income Tax Wed, 30 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400863