https://www.taxtmi.com/caselaws?id=297331 The Tribunal allowed the appeal filed by the assessee, a company with manufacturing units, against the order of the ld. Pri. Commissioner of Income Tax. The Tribunal held that the Pri. Commissioner's assumption of jurisdiction under section 263 was not justified, citing legal precedents. The order disallowing a proportionate claim under section 80-IC for job work done from outside was canceled, emphasizing the AO's obligation to follow favorable ITAT decisions. The Tribunal found the Pri. Commissioner's objection to the Department's appeal to the High Court unsubstantiated, leading to the appeal's success and pronouncement of the order on 15/09/2016. en-us Thu, 15 Sep 2016 00:00:00 +0530 Sat, 28 Aug 2021 09:20:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297331 The Tribunal allowed the appeal filed by the assessee, a company with manufacturing units, against the order of the ld. Pri. Commissioner of Income Tax. The Tribunal held that the Pri. Commissioner's assumption of jurisdiction under section 263 was not justified, citing legal precedents. The order disallowing a proportionate claim under section 80-IC for job work done from outside was canceled, emphasizing the AO's obligation to follow favorable ITAT decisions. The Tribunal found the Pri. Commissioner's objection to the Department's appeal to the High Court unsubstantiated, leading to the appeal's success and pronouncement of the order on 15/09/2016. Case-Laws Income Tax Thu, 15 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297331