https://www.taxtmi.com/caselaws?id=422239 The Tribunal set aside the order passed by the Principal Commissioner of Income Tax under Section 263, allowing the appeal of the assessee. It concluded that the Principal Commissioner failed to establish any error in the Assessing Officer's assessment order. The Tribunal emphasized that the Assessing Officer had conducted necessary inquiries, rendering the exercise of revisionary powers unwarranted. The decision was pronounced on 17-01-2022. en-us Mon, 17 Jan 2022 00:00:00 +0530 Wed, 11 May 2022 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422239 The Tribunal set aside the order passed by the Principal Commissioner of Income Tax under Section 263, allowing the appeal of the assessee. It concluded that the Principal Commissioner failed to establish any error in the Assessing Officer's assessment order. The Tribunal emphasized that the Assessing Officer had conducted necessary inquiries, rendering the exercise of revisionary powers unwarranted. The decision was pronounced on 17-01-2022. Case-Laws Income Tax Mon, 17 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422239