https://www.taxtmi.com/caselaws?id=420776 The ITAT Kolkata allowed the appeal of the assessee, quashing the order passed by the Principal Commissioner of Income Tax u/s 263 for AY 2015-16. The delay in filing the appeal was condoned, and various grounds challenging the order were raised, including questioning the jurisdiction of the Principal Commissioner u/s 263. The ITAT agreed that the Principal Commissioner lacked jurisdiction after the CIT(A) had already considered and decided the issues, leading to the deletion of additions made by the Assessing Officer. As a result, the impugned order was deemed unsustainable and subsequently set aside. en-us Wed, 30 Mar 2022 00:00:00 +0530 Sat, 09 Apr 2022 07:55:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420776 The ITAT Kolkata allowed the appeal of the assessee, quashing the order passed by the Principal Commissioner of Income Tax u/s 263 for AY 2015-16. The delay in filing the appeal was condoned, and various grounds challenging the order were raised, including questioning the jurisdiction of the Principal Commissioner u/s 263. The ITAT agreed that the Principal Commissioner lacked jurisdiction after the CIT(A) had already considered and decided the issues, leading to the deletion of additions made by the Assessing Officer. As a result, the impugned order was deemed unsustainable and subsequently set aside. Case-Laws Income Tax Wed, 30 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420776