https://www.taxtmi.com/caselaws?id=407509 The Tribunal held that the Principal Commissioner of Income Tax erred in assuming jurisdiction under section 263 to substitute his view with that of the Assessing Officer. The Tribunal set aside the order of the Principal Commissioner and restored the assessment order passed by the Assessing Officer under section 143(3). The appeal by the assessee was allowed, and the impugned order under section 263 was quashed. en-us Fri, 30 Apr 2021 00:00:00 +0530 Thu, 13 May 2021 08:27:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407509 The Tribunal held that the Principal Commissioner of Income Tax erred in assuming jurisdiction under section 263 to substitute his view with that of the Assessing Officer. The Tribunal set aside the order of the Principal Commissioner and restored the assessment order passed by the Assessing Officer under section 143(3). The appeal by the assessee was allowed, and the impugned order under section 263 was quashed. Case-Laws Income Tax Fri, 30 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407509