https://www.taxtmi.com/caselaws?id=294695 The Tribunal upheld the Commissioner of Income Tax's order u/s 263, finding that the original assessment order was erroneous and prejudicial to revenue due to the lack of discussion on the set off of loss u/s 72A. The appellant's arguments regarding the premature show cause notice and validity of the CIT's order were dismissed, leading to the dismissal of the appeal on 11th January 2012. en-us Wed, 11 Jan 2012 00:00:00 +0530 Wed, 28 Apr 2021 12:03:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294695 The Tribunal upheld the Commissioner of Income Tax's order u/s 263, finding that the original assessment order was erroneous and prejudicial to revenue due to the lack of discussion on the set off of loss u/s 72A. The appellant's arguments regarding the premature show cause notice and validity of the CIT's order were dismissed, leading to the dismissal of the appeal on 11th January 2012. Case-Laws Income Tax Wed, 11 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294695