https://www.taxtmi.com/caselaws?id=430025 The Tribunal allowed the appeal, holding that the revisionary proceedings under Section 263 were not justified. The Tribunal upheld the assessment order passed by the Assessing Officer, emphasizing that the Assessing Officer had conducted necessary verification and adopted a valid view. The Tribunal dismissed the challenge to the validity of the revisionary proceedings and quashed the consequential order passed by the Principal Commissioner of Income Tax. en-us Wed, 21 Sep 2022 00:00:00 +0530 Thu, 10 Nov 2022 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430025 The Tribunal allowed the appeal, holding that the revisionary proceedings under Section 263 were not justified. The Tribunal upheld the assessment order passed by the Assessing Officer, emphasizing that the Assessing Officer had conducted necessary verification and adopted a valid view. The Tribunal dismissed the challenge to the validity of the revisionary proceedings and quashed the consequential order passed by the Principal Commissioner of Income Tax. Case-Laws Income Tax Wed, 21 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430025