https://www.taxtmi.com/caselaws?id=430392 The court dismissed the appeal by the assessee challenging the revision order passed by the Principal Commissioner of Income Tax (PCIT). The court upheld the PCIT's decision to set aside the initial assessment order due to lack of enquiries and non-cooperation from the assessee. The PCIT directed a fresh assessment to be conducted after necessary investigations, emphasizing the importance of determining net profits accurately. en-us Thu, 10 Nov 2022 00:00:00 +0530 Mon, 23 Jan 2023 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430392 The court dismissed the appeal by the assessee challenging the revision order passed by the Principal Commissioner of Income Tax (PCIT). The court upheld the PCIT's decision to set aside the initial assessment order due to lack of enquiries and non-cooperation from the assessee. The PCIT directed a fresh assessment to be conducted after necessary investigations, emphasizing the importance of determining net profits accurately. Case-Laws Income Tax Thu, 10 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430392