https://www.taxtmi.com/caselaws?id=408704 The Tribunal found that the Assessing Officer (AO) had conducted sufficient inquiries and accepted the additional income disclosed by the assessee. The Tribunal concluded that the order passed by the Principal Commissioner of Income Tax under Section 263 was unwarranted, quashed the order, and allowed the appeal of the assessee. The AO's assessment was deemed adequate and not prejudicial to the revenue's interest. en-us Mon, 07 Jun 2021 00:00:00 +0530 Sat, 19 Jun 2021 10:18:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408704 The Tribunal found that the Assessing Officer (AO) had conducted sufficient inquiries and accepted the additional income disclosed by the assessee. The Tribunal concluded that the order passed by the Principal Commissioner of Income Tax under Section 263 was unwarranted, quashed the order, and allowed the appeal of the assessee. The AO's assessment was deemed adequate and not prejudicial to the revenue's interest. Case-Laws Income Tax Mon, 07 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408704