https://www.taxtmi.com/caselaws?id=412608 The tribunal found that the Assessing Officer appropriately addressed all issues raised by the Principal Commissioner of Income Tax. The tribunal concluded that the PCIT's order annulling the assessment and directing a de novo assessment was unjustified. It was noted that the AO had conducted proper inquiries, and there was no evidence to support the PCIT's claim of errors in the assessment prejudicial to revenue interests. Consequently, the tribunal allowed the assessee's appeal, setting aside the PCIT's order. en-us Tue, 07 Sep 2021 00:00:00 +0530 Wed, 22 Sep 2021 10:35:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412608 The tribunal found that the Assessing Officer appropriately addressed all issues raised by the Principal Commissioner of Income Tax. The tribunal concluded that the PCIT's order annulling the assessment and directing a de novo assessment was unjustified. It was noted that the AO had conducted proper inquiries, and there was no evidence to support the PCIT's claim of errors in the assessment prejudicial to revenue interests. Consequently, the tribunal allowed the assessee's appeal, setting aside the PCIT's order. Case-Laws Income Tax Tue, 07 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412608