https://www.taxtmi.com/caselaws?id=426248 The Tribunal quashed the revision order passed under Section 263 by the Principal Commissioner of Income Tax, holding that the original assessment by the Assessing Officer was neither erroneous nor prejudicial to the interests of the revenue. The appeal of the assessee was allowed, reaffirming the principle of mutuality and the adequacy of the Assessing Officer's original assessment. en-us Fri, 15 Jul 2022 00:00:00 +0530 Wed, 10 Aug 2022 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426248 The Tribunal quashed the revision order passed under Section 263 by the Principal Commissioner of Income Tax, holding that the original assessment by the Assessing Officer was neither erroneous nor prejudicial to the interests of the revenue. The appeal of the assessee was allowed, reaffirming the principle of mutuality and the adequacy of the Assessing Officer's original assessment. Case-Laws Income Tax Fri, 15 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426248