https://www.taxtmi.com/caselaws?id=430230 The Tribunal held that the Commissioner erred in setting aside the assessment order under Section 263 of the Income Tax Act without proper basis. It was found that the Assessing Officer had conducted adequate inquiries and the Commissioner failed to consider the explanations and evidence provided by the assessee. The Tribunal concluded that the Commissioner's order was not legally sustainable and quashed it, allowing the appeal of the assessee. en-us Tue, 30 Aug 2022 00:00:00 +0530 Mon, 14 Nov 2022 22:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430230 The Tribunal held that the Commissioner erred in setting aside the assessment order under Section 263 of the Income Tax Act without proper basis. It was found that the Assessing Officer had conducted adequate inquiries and the Commissioner failed to consider the explanations and evidence provided by the assessee. The Tribunal concluded that the Commissioner's order was not legally sustainable and quashed it, allowing the appeal of the assessee. Case-Laws Income Tax Tue, 30 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430230