https://www.taxtmi.com/caselaws?id=404388 The appeal challenged the order passed by the Ld. Pr. CIT under section 263 of the I.T. Act, questioning its validity and legality. Disputes arose over the correctness of the assessment order dated 11th March, 2016, leading to a direction for a fresh assessment order. Various issues, including disallowance of expenses and set off of losses, were examined, with the appellant arguing against the assessment order's alleged errors. Ultimately, the court found in favor of the appellant, ruling that the assessment order was not erroneous, citing relevant legal precedents to support this conclusion. en-us Fri, 11 Dec 2020 00:00:00 +0530 Tue, 23 Feb 2021 09:16:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404388 The appeal challenged the order passed by the Ld. Pr. CIT under section 263 of the I.T. Act, questioning its validity and legality. Disputes arose over the correctness of the assessment order dated 11th March, 2016, leading to a direction for a fresh assessment order. Various issues, including disallowance of expenses and set off of losses, were examined, with the appellant arguing against the assessment order's alleged errors. Ultimately, the court found in favor of the appellant, ruling that the assessment order was not erroneous, citing relevant legal precedents to support this conclusion. Case-Laws Income Tax Fri, 11 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404388