https://www.taxtmi.com/caselaws?id=418437 The Tribunal quashed the CIT's order under section 263, ruling that the AO's original decision was not erroneous or prejudicial to the Revenue's interest. The appeal by the assessee was allowed, with the Tribunal citing that the provision for doubtful debts had been appropriately accounted for in accordance with relevant judicial precedents. The order was pronounced on December 22, 2021. en-us Wed, 22 Dec 2021 00:00:00 +0530 Wed, 16 Feb 2022 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418437 The Tribunal quashed the CIT's order under section 263, ruling that the AO's original decision was not erroneous or prejudicial to the Revenue's interest. The appeal by the assessee was allowed, with the Tribunal citing that the provision for doubtful debts had been appropriately accounted for in accordance with relevant judicial precedents. The order was pronounced on December 22, 2021. Case-Laws Income Tax Wed, 22 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418437