https://www.taxtmi.com/caselaws?id=424162 The Tribunal allowed the appellant's appeal, setting aside the PCIT's revision order under Section 263 of the Income Tax Act, 1961. The Tribunal found that the A.O had adequately considered the bad debts claim, meeting necessary criteria despite not explicitly mentioning it in the order. Emphasizing proper verification and consideration in tax assessments, the Tribunal upheld the A.O's order, highlighting the importance of adherence to legal requirements and comprehensive review of claims and orders in tax matters. en-us Mon, 11 Apr 2022 00:00:00 +0530 Thu, 23 Jun 2022 09:23:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424162 The Tribunal allowed the appellant's appeal, setting aside the PCIT's revision order under Section 263 of the Income Tax Act, 1961. The Tribunal found that the A.O had adequately considered the bad debts claim, meeting necessary criteria despite not explicitly mentioning it in the order. Emphasizing proper verification and consideration in tax assessments, the Tribunal upheld the A.O's order, highlighting the importance of adherence to legal requirements and comprehensive review of claims and orders in tax matters. Case-Laws Income Tax Mon, 11 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424162