https://www.taxtmi.com/caselaws?id=420568 The Tribunal quashed the Principal Commissioner of Income Tax's order under Section 263, finding the jurisdiction assumption based on incorrect facts. It was held that the Assessing Officer had conducted adequate inquiries during the assessment proceedings. The appeal was allowed, and the assessment order passed by the AO was upheld. en-us Thu, 31 Mar 2022 00:00:00 +0530 Tue, 05 Apr 2022 09:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420568 The Tribunal quashed the Principal Commissioner of Income Tax's order under Section 263, finding the jurisdiction assumption based on incorrect facts. It was held that the Assessing Officer had conducted adequate inquiries during the assessment proceedings. The appeal was allowed, and the assessment order passed by the AO was upheld. Case-Laws Income Tax Thu, 31 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420568