https://www.taxtmi.com/caselaws?id=429573 The Tribunal set aside the order passed by the Principal Commissioner of Income-Tax under Section 263, restoring the original assessment order passed by the Assessing Officer under Section 143(3). The Tribunal held that the Assessing Officer had conducted adequate enquiries and verifications, and the Principal Commissioner could not invoke Section 263 to substitute his view. The appeal filed by the assessee was allowed. en-us Mon, 17 Oct 2022 00:00:00 +0530 Fri, 03 Mar 2023 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429573 The Tribunal set aside the order passed by the Principal Commissioner of Income-Tax under Section 263, restoring the original assessment order passed by the Assessing Officer under Section 143(3). The Tribunal held that the Assessing Officer had conducted adequate enquiries and verifications, and the Principal Commissioner could not invoke Section 263 to substitute his view. The appeal filed by the assessee was allowed. Case-Laws Income Tax Mon, 17 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429573