https://www.taxtmi.com/caselaws?id=422635 The Tribunal allowed the assessee's appeal, quashing the order under Section 263 of the Income Tax Act. It was held that the Assessing Officer had conducted adequate enquiries and applied his mind during the assessment proceedings. The initiation of proceedings under Section 263 based on an audit objection was deemed invalid. The delay in filing the appeal, attributed to COVID-19, was condoned. The Tribunal pronounced the final judgment on 31.03.2022. en-us Thu, 31 Mar 2022 00:00:00 +0530 Mon, 27 Jun 2022 15:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422635 The Tribunal allowed the assessee's appeal, quashing the order under Section 263 of the Income Tax Act. It was held that the Assessing Officer had conducted adequate enquiries and applied his mind during the assessment proceedings. The initiation of proceedings under Section 263 based on an audit objection was deemed invalid. The delay in filing the appeal, attributed to COVID-19, was condoned. The Tribunal pronounced the final judgment on 31.03.2022. Case-Laws Income Tax Thu, 31 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422635