https://www.taxtmi.com/caselaws?id=294639 The Tribunal upheld the order of the Principal Commissioner of Income Tax passed under Section 263 of the Income Tax Act, 1961. It found the assessment order erroneous and prejudicial to the revenue due to lack of examination and enquiry by the Assessing Officer on issues of excess depreciation and excise duty not recovered from sales. The Tribunal directed a fresh examination of these issues and dismissed the appeal of the assessee. en-us Wed, 27 Mar 2019 00:00:00 +0530 Mon, 26 Apr 2021 10:16:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294639 The Tribunal upheld the order of the Principal Commissioner of Income Tax passed under Section 263 of the Income Tax Act, 1961. It found the assessment order erroneous and prejudicial to the revenue due to lack of examination and enquiry by the Assessing Officer on issues of excess depreciation and excise duty not recovered from sales. The Tribunal directed a fresh examination of these issues and dismissed the appeal of the assessee. Case-Laws Income Tax Wed, 27 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294639