https://www.taxtmi.com/caselaws?id=428240 The Tribunal quashed the order passed by the Principal Commissioner of Income Tax (Pr. CIT) under section 263, holding that the Assessing Officer (AO) had taken a permissible view based on the facts presented by the assessee. The Tribunal allowed the appeal, determining that the Pr. CIT erred in assuming jurisdiction and setting aside the assessment order. en-us Fri, 23 Sep 2022 00:00:00 +0530 Tue, 27 Sep 2022 07:17:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428240 The Tribunal quashed the order passed by the Principal Commissioner of Income Tax (Pr. CIT) under section 263, holding that the Assessing Officer (AO) had taken a permissible view based on the facts presented by the assessee. The Tribunal allowed the appeal, determining that the Pr. CIT erred in assuming jurisdiction and setting aside the assessment order. Case-Laws Income Tax Fri, 23 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428240