https://www.taxtmi.com/caselaws?id=303769 The Tribunal found that the Principal Commissioner of Income Tax (PCIT) was not justified in revising the assessment order under Section 263. The Tribunal concluded that the assessment order was not erroneous or prejudicial to the Revenue's interests. Therefore, the appeal of the assessee was allowed, and the revision order passed by the PCIT was quashed. en-us Fri, 13 Dec 2019 00:00:00 +0530 Wed, 10 Aug 2022 20:31:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303769 The Tribunal found that the Principal Commissioner of Income Tax (PCIT) was not justified in revising the assessment order under Section 263. The Tribunal concluded that the assessment order was not erroneous or prejudicial to the Revenue's interests. Therefore, the appeal of the assessee was allowed, and the revision order passed by the PCIT was quashed. Case-Laws Income Tax Fri, 13 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303769