https://www.taxtmi.com/caselaws?id=304850 The Tribunal quashed the order made under Section 263, holding that the assessment order passed by the AO could not be said to be erroneous or prejudicial to the interest of revenue. The Tribunal emphasized that the PCIT had failed to conduct any minimal inquiry or specify how the assessment order was erroneous and prejudicial to the interest of revenue. en-us Tue, 07 Sep 2021 00:00:00 +0530 Mon, 31 Oct 2022 22:23:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304850 The Tribunal quashed the order made under Section 263, holding that the assessment order passed by the AO could not be said to be erroneous or prejudicial to the interest of revenue. The Tribunal emphasized that the PCIT had failed to conduct any minimal inquiry or specify how the assessment order was erroneous and prejudicial to the interest of revenue. Case-Laws Income Tax Tue, 07 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304850