https://www.taxtmi.com/caselaws?id=422343 The Tribunal found that the Assessing Officer had appropriately considered the incriminating evidence and explanations provided by the assessee. The revision order issued by the Pr.CIT under section 263 was set aside as it was premised on the incorrect belief that the Assessing Officer had not acknowledged the seized material. The assessee's appeal was allowed, and the Pr.CIT's order was overturned. en-us Wed, 27 Apr 2022 00:00:00 +0530 Fri, 13 May 2022 07:51:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422343 The Tribunal found that the Assessing Officer had appropriately considered the incriminating evidence and explanations provided by the assessee. The revision order issued by the Pr.CIT under section 263 was set aside as it was premised on the incorrect belief that the Assessing Officer had not acknowledged the seized material. The assessee's appeal was allowed, and the Pr.CIT's order was overturned. Case-Laws Income Tax Wed, 27 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422343