https://www.taxtmi.com/caselaws?id=412112 The tribunal quashed the order under section 263 of the Income Tax Act, finding no errors or prejudices in the original assessment order. The tribunal held that the Principal Commissioner of Income Tax failed to specify how the assessment order was erroneous or prejudicial to the interest of revenue, concluding that the order under section 263 could not be sustained. en-us Wed, 08 Sep 2021 00:00:00 +0530 Fri, 10 Sep 2021 09:06:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412112 The tribunal quashed the order under section 263 of the Income Tax Act, finding no errors or prejudices in the original assessment order. The tribunal held that the Principal Commissioner of Income Tax failed to specify how the assessment order was erroneous or prejudicial to the interest of revenue, concluding that the order under section 263 could not be sustained. Case-Laws Income Tax Wed, 08 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412112