https://www.taxtmi.com/highlights?id=56139 Revision u/s 263 - Clearly, what was being directed by the learned Commissioner was already done by the Assessing Officer, and, therefore, these directions clearly show that there was a clear and glaring non- application of mind to even undisputed material facts of the case. We, therefore, cannot approve justification of the subject assessment order being held to be ‘erroneous and prejudicial to the interests of the revenue’ for this reason as well. No other reason is pointed out to us. - AT en-us Thu, 31 Dec 2020 14:35:48 +0530 Thu, 31 Dec 2020 14:35:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56139 Revision u/s 263 - Clearly, what was being directed by the learned Commissioner was already done by the Assessing Officer, and, therefore, these directions clearly show that there was a clear and glaring non- application of mind to even undisputed material facts of the case. We, therefore, cannot approve justification of the subject assessment order being held to be ‘erroneous and prejudicial to the interests of the revenue’ for this reason as well. No other reason is pointed out to us. - AT Highlights Income Tax Thu, 31 Dec 2020 14:35:48 +0530 https://www.taxtmi.com/highlights?id=56139