https://www.taxtmi.com/caselaws?id=413809 The Tribunal held that the order passed under section 263 of the Income Tax Act was not erroneous or prejudicial to the interest of Revenue. It found that the Assessing Officer had reasonably examined the issue of deduction under section 80P(2)(d) and had made a valid decision. As a result, the Tribunal set aside the Principal Commissioner's order under section 263 and allowed the appeal of the assessee. en-us Wed, 15 Sep 2021 00:00:00 +0530 Wed, 20 Oct 2021 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413809 The Tribunal held that the order passed under section 263 of the Income Tax Act was not erroneous or prejudicial to the interest of Revenue. It found that the Assessing Officer had reasonably examined the issue of deduction under section 80P(2)(d) and had made a valid decision. As a result, the Tribunal set aside the Principal Commissioner's order under section 263 and allowed the appeal of the assessee. Case-Laws Income Tax Wed, 15 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413809