https://www.taxtmi.com/caselaws?id=431639 The Tribunal upheld the Principal Commissioner of Income Tax's order under Section 263, finding the Assessing Officer's failure to verify the substantial expansion claim under Section 80IC rendered the assessment order erroneous. The Tribunal dismissed the appeal, affirming the direction to reassess the claim for compliance with legal requirements. en-us Thu, 15 Dec 2022 00:00:00 +0530 Fri, 16 Dec 2022 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431639 The Tribunal upheld the Principal Commissioner of Income Tax's order under Section 263, finding the Assessing Officer's failure to verify the substantial expansion claim under Section 80IC rendered the assessment order erroneous. The Tribunal dismissed the appeal, affirming the direction to reassess the claim for compliance with legal requirements. Case-Laws Income Tax Thu, 15 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431639