https://www.taxtmi.com/caselaws?id=401248 The Tribunal set aside the Principal Commissioner of Income Tax's order under section 263, allowing the appeal of the assessee against the assessment for Assessment Year 2015-16. The Tribunal concluded that the Assessing Officer had applied due diligence in estimating income and considering all relevant aspects, deeming the revision by the Principal Commissioner as unwarranted. en-us Mon, 23 Nov 2020 00:00:00 +0530 Tue, 01 Dec 2020 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401248 The Tribunal set aside the Principal Commissioner of Income Tax's order under section 263, allowing the appeal of the assessee against the assessment for Assessment Year 2015-16. The Tribunal concluded that the Assessing Officer had applied due diligence in estimating income and considering all relevant aspects, deeming the revision by the Principal Commissioner as unwarranted. Case-Laws Income Tax Mon, 23 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401248