https://www.taxtmi.com/caselaws?id=303705 The Tribunal held that the Principal Commissioner of Income Tax did not have jurisdiction under Section 263 to revise the assessment orders for the years 2010-11 and 2011-12. It was determined that the Assessing Officer had adequately examined all relevant issues, even if inadequately, rendering the Principal Commissioner's actions unjustified. As a result, the appeals filed by the assessee were allowed, and the original assessment orders passed by the Assessing Officer were reinstated, overturning the orders of the Principal Commissioner. en-us Wed, 01 Jun 2016 00:00:00 +0530 Sun, 07 Aug 2022 20:12:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303705 The Tribunal held that the Principal Commissioner of Income Tax did not have jurisdiction under Section 263 to revise the assessment orders for the years 2010-11 and 2011-12. It was determined that the Assessing Officer had adequately examined all relevant issues, even if inadequately, rendering the Principal Commissioner's actions unjustified. As a result, the appeals filed by the assessee were allowed, and the original assessment orders passed by the Assessing Officer were reinstated, overturning the orders of the Principal Commissioner. Case-Laws Income Tax Wed, 01 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303705