https://www.taxtmi.com/caselaws?id=402061 The Tribunal quashed the Principal Commissioner of Income Tax's order under Section 263, ruling that the Assessing Officer had conducted proper verification, and the basis for reopening the assessment was incorrect. The appeal of the assessee was allowed, with the Tribunal concluding that the Principal Commissioner had no valid grounds to revise the Assessing Officer's order. en-us Fri, 11 Dec 2020 00:00:00 +0530 Wed, 23 Dec 2020 15:07:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402061 The Tribunal quashed the Principal Commissioner of Income Tax's order under Section 263, ruling that the Assessing Officer had conducted proper verification, and the basis for reopening the assessment was incorrect. The appeal of the assessee was allowed, with the Tribunal concluding that the Principal Commissioner had no valid grounds to revise the Assessing Officer's order. Case-Laws Income Tax Fri, 11 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402061