https://www.taxtmi.com/caselaws?id=425402 The Tribunal held that the proceedings initiated under Section 263 by the Principal Commissioner of Income Tax were unsustainable as the appeal before the First Appellate Authority was pending. The Tribunal quashed the Section 263 proceedings, stating that the Assessing Officer had already examined the issues. Consequently, the appeals for the relevant assessment years were allowed, and the orders under Section 263 were quashed. en-us Wed, 20 Jul 2022 00:00:00 +0530 Fri, 22 Jul 2022 09:19:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425402 The Tribunal held that the proceedings initiated under Section 263 by the Principal Commissioner of Income Tax were unsustainable as the appeal before the First Appellate Authority was pending. The Tribunal quashed the Section 263 proceedings, stating that the Assessing Officer had already examined the issues. Consequently, the appeals for the relevant assessment years were allowed, and the orders under Section 263 were quashed. Case-Laws Income Tax Wed, 20 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425402