https://www.taxtmi.com/caselaws?id=423843 The Tribunal allowed the appeal in ITA No. 318/Ahd/2018, quashing the revision order under section 263. In ITA No. 670/Ahd/2019, the appeal was dismissed as infructuous due to the quashed revision order. The delay in filing the appeal was condoned, the assumption of jurisdiction under section 263 was quashed, and the disallowance of deduction under section 54 was overturned, upholding the original assessment order. en-us Tue, 31 May 2022 00:00:00 +0530 Thu, 16 Jun 2022 09:14:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423843 The Tribunal allowed the appeal in ITA No. 318/Ahd/2018, quashing the revision order under section 263. In ITA No. 670/Ahd/2019, the appeal was dismissed as infructuous due to the quashed revision order. The delay in filing the appeal was condoned, the assumption of jurisdiction under section 263 was quashed, and the disallowance of deduction under section 54 was overturned, upholding the original assessment order. Case-Laws Income Tax Tue, 31 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423843