https://www.taxtmi.com/caselaws?id=424520 The Tribunal held that the Principal Commissioner of Income Tax (PCIT) exceeded jurisdiction under Section 263 by issuing an order beyond the limitation period, computed from the original assessment order. The PCIT's order was deemed invalid and quashed, resulting in the appeal by the assessee being allowed. The decision was rendered on 21st June 2022. en-us Tue, 21 Jun 2022 00:00:00 +0530 Sat, 02 Jul 2022 09:13:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424520 The Tribunal held that the Principal Commissioner of Income Tax (PCIT) exceeded jurisdiction under Section 263 by issuing an order beyond the limitation period, computed from the original assessment order. The PCIT's order was deemed invalid and quashed, resulting in the appeal by the assessee being allowed. The decision was rendered on 21st June 2022. Case-Laws Income Tax Tue, 21 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424520