https://www.taxtmi.com/caselaws?id=415732 The Income Tax Appellate Tribunal (ITAT) allowed the appeal of the assessee regarding the jurisdiction of the Commissioner of Income Tax (CIT) under section 263 of the Income Tax Act, 1961. The ITAT held that the CIT had taken a divergent view on an issue not contemplated under section 263, leading to the conclusion that the section did not apply in this case. The appeal was allowed, and the order was pronounced in November 2021. en-us Mon, 15 Nov 2021 00:00:00 +0530 Sat, 11 Dec 2021 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415732 The Income Tax Appellate Tribunal (ITAT) allowed the appeal of the assessee regarding the jurisdiction of the Commissioner of Income Tax (CIT) under section 263 of the Income Tax Act, 1961. The ITAT held that the CIT had taken a divergent view on an issue not contemplated under section 263, leading to the conclusion that the section did not apply in this case. The appeal was allowed, and the order was pronounced in November 2021. Case-Laws Income Tax Mon, 15 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415732