https://www.taxtmi.com/caselaws?id=412049 The Tribunal quashed the order passed by the Pr. CIT, stating that the AO had duly considered the issue and took a possible view, which is not unsustainable in law. The Tribunal held that the assessment order could not be revised under Section 263, as the conditions for such revision were not fulfilled. The appeal was allowed in favor of the assessee. en-us Wed, 01 Sep 2021 00:00:00 +0530 Thu, 09 Sep 2021 08:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412049 The Tribunal quashed the order passed by the Pr. CIT, stating that the AO had duly considered the issue and took a possible view, which is not unsustainable in law. The Tribunal held that the assessment order could not be revised under Section 263, as the conditions for such revision were not fulfilled. The appeal was allowed in favor of the assessee. Case-Laws Income Tax Wed, 01 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412049