https://www.taxtmi.com/caselaws?id=429259 The Tribunal allowed the appeal, setting aside the Principal Commissioner of Income Tax's order under Section 263 and upheld the original assessment order. The Tribunal emphasized that the Assessing Officer had conducted adequate inquiries, and the revision was not justified based on a mere difference of opinion rather than any legal or factual error in the original assessment. en-us Thu, 07 Jul 2022 00:00:00 +0530 Fri, 21 Oct 2022 07:25:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429259 The Tribunal allowed the appeal, setting aside the Principal Commissioner of Income Tax's order under Section 263 and upheld the original assessment order. The Tribunal emphasized that the Assessing Officer had conducted adequate inquiries, and the revision was not justified based on a mere difference of opinion rather than any legal or factual error in the original assessment. Case-Laws Income Tax Thu, 07 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429259