https://www.taxtmi.com/caselaws?id=303695 The tribunal allowed the appeal filed by the assessee, quashing the order passed under section 263 of the Income Tax Act. It was determined that the Assessing Officer had taken a plausible view supported by the facts, making the provisions of section 263 inapplicable. The cross objections filed by the revenue were dismissed as they were not maintainable under the specific provisions of the Act. en-us Mon, 27 Feb 2017 00:00:00 +0530 Fri, 05 Aug 2022 21:26:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303695 The tribunal allowed the appeal filed by the assessee, quashing the order passed under section 263 of the Income Tax Act. It was determined that the Assessing Officer had taken a plausible view supported by the facts, making the provisions of section 263 inapplicable. The cross objections filed by the revenue were dismissed as they were not maintainable under the specific provisions of the Act. Case-Laws Income Tax Mon, 27 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303695