https://www.taxtmi.com/caselaws?id=414351 The Tribunal found that the Assessing Officer (AO) had conducted sufficient inquiries during the assessment proceedings, leading to the conclusion that the assessment order was not erroneous or prejudicial to the interest of revenue. The Principal Commissioner's order under section 263 of the Income Tax Act, 1961 was considered invalid, and the revision order was overturned. The appeal by the assessee was successful. en-us Fri, 22 Oct 2021 00:00:00 +0530 Wed, 03 Nov 2021 09:31:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414351 The Tribunal found that the Assessing Officer (AO) had conducted sufficient inquiries during the assessment proceedings, leading to the conclusion that the assessment order was not erroneous or prejudicial to the interest of revenue. The Principal Commissioner's order under section 263 of the Income Tax Act, 1961 was considered invalid, and the revision order was overturned. The appeal by the assessee was successful. Case-Laws Income Tax Fri, 22 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414351