https://www.taxtmi.com/caselaws?id=420436 The Tribunal quashed the order passed by the Pr. CIT under Section 263, dated 27.09.2018, and restored the order passed by the Assessing Officer under Section 153A read with Section 143(3), dated 28.11.2016. The Tribunal held that the Pr. CIT had exceeded his jurisdiction under Section 263, as no incriminating material was found during the search proceedings, and the assessment for the year under consideration was unabated. The Tribunal allowed the grounds of appeal related to the jurisdiction of the Pr. CIT and refrained from adjudicating other contentions raised by the assessee. The appeal of the assessee was allowed. en-us Wed, 30 Mar 2022 00:00:00 +0530 Sat, 02 Apr 2022 08:35:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420436 The Tribunal quashed the order passed by the Pr. CIT under Section 263, dated 27.09.2018, and restored the order passed by the Assessing Officer under Section 153A read with Section 143(3), dated 28.11.2016. The Tribunal held that the Pr. CIT had exceeded his jurisdiction under Section 263, as no incriminating material was found during the search proceedings, and the assessment for the year under consideration was unabated. The Tribunal allowed the grounds of appeal related to the jurisdiction of the Pr. CIT and refrained from adjudicating other contentions raised by the assessee. The appeal of the assessee was allowed. Case-Laws Income Tax Wed, 30 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420436