https://www.taxtmi.com/caselaws?id=414459 The Tribunal found that the Principal Commissioner of Income Tax (Pr.CIT) exceeded his jurisdiction under Section 263 by revising an assessment order on issues already decided by the Commissioner of Income Tax (Appeals) [CIT(A)]. The Tribunal set aside the Pr.CIT's order and restored the original assessment order passed by the Assessing Officer (A.O). Additionally, the Tribunal applied the same reasoning to related appeals for different assessment years, quashing the orders passed by the Pr.CIT under Section 263 and allowing the appeals filed by the assessee. en-us Tue, 02 Nov 2021 00:00:00 +0530 Tue, 09 Nov 2021 08:30:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414459 The Tribunal found that the Principal Commissioner of Income Tax (Pr.CIT) exceeded his jurisdiction under Section 263 by revising an assessment order on issues already decided by the Commissioner of Income Tax (Appeals) [CIT(A)]. The Tribunal set aside the Pr.CIT's order and restored the original assessment order passed by the Assessing Officer (A.O). Additionally, the Tribunal applied the same reasoning to related appeals for different assessment years, quashing the orders passed by the Pr.CIT under Section 263 and allowing the appeals filed by the assessee. Case-Laws Income Tax Tue, 02 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414459