https://www.taxtmi.com/caselaws?id=413691 The Tribunal allowed the appeal, ruling in favor of the appellant and quashing the Principal Commissioner of Income Tax's order under section 263. The Tribunal emphasized that the limited scrutiny assessment did not warrant conversion to complete scrutiny, as the Assessing Officer had appropriately confined the assessment to identified issues. Additionally, the Tribunal accepted the condonation of delay in filing the appeal due to COVID-19 and upheld the correctness of the Assessment Officer's order dated 07.11.2017, dismissing the PCIT's claims of errors and revenue prejudice. en-us Thu, 14 Oct 2021 00:00:00 +0530 Mon, 18 Oct 2021 09:29:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413691 The Tribunal allowed the appeal, ruling in favor of the appellant and quashing the Principal Commissioner of Income Tax's order under section 263. The Tribunal emphasized that the limited scrutiny assessment did not warrant conversion to complete scrutiny, as the Assessing Officer had appropriately confined the assessment to identified issues. Additionally, the Tribunal accepted the condonation of delay in filing the appeal due to COVID-19 and upheld the correctness of the Assessment Officer's order dated 07.11.2017, dismissing the PCIT's claims of errors and revenue prejudice. Case-Laws Income Tax Thu, 14 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413691