https://www.taxtmi.com/caselaws?id=412101 The Tribunal held that the assessment order was not erroneous or prejudicial to the revenue's interest. The order passed by the Ld. Pr. CIT-1, Jodhpur, under section 263 was set aside, and the AO's order was sustained. The appeal of the assessee was allowed based on the Tribunal's conclusion that the AO had conducted proper inquiries and verifications, making a reasonable decision supported by the evidence on record. en-us Tue, 07 Sep 2021 00:00:00 +0530 Fri, 10 Sep 2021 09:05:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412101 The Tribunal held that the assessment order was not erroneous or prejudicial to the revenue's interest. The order passed by the Ld. Pr. CIT-1, Jodhpur, under section 263 was set aside, and the AO's order was sustained. The appeal of the assessee was allowed based on the Tribunal's conclusion that the AO had conducted proper inquiries and verifications, making a reasonable decision supported by the evidence on record. Case-Laws Income Tax Tue, 07 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412101