https://www.taxtmi.com/caselaws?id=297508 The Tribunal held that the Commissioner's order under section 263 was unsustainable as the assessment was not erroneous or prejudicial to the Revenue. Consequently, the Tribunal set aside the Commissioner's order and restored that of the Assessing Officer under section 143(3) of the Income Tax Act, 1961. The assessee's appeal was allowed, and the Revenue's appeal was dismissed. The Tribunal found the additions made by the Assessing Officer in the giving effect order to be unsustainable, leading to the dismissal of the Revenue's appeal. The order was pronounced on 24/05/2018. en-us Thu, 24 May 2018 00:00:00 +0530 Wed, 08 Sep 2021 08:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297508 The Tribunal held that the Commissioner's order under section 263 was unsustainable as the assessment was not erroneous or prejudicial to the Revenue. Consequently, the Tribunal set aside the Commissioner's order and restored that of the Assessing Officer under section 143(3) of the Income Tax Act, 1961. The assessee's appeal was allowed, and the Revenue's appeal was dismissed. The Tribunal found the additions made by the Assessing Officer in the giving effect order to be unsustainable, leading to the dismissal of the Revenue's appeal. The order was pronounced on 24/05/2018. Case-Laws Income Tax Thu, 24 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297508