https://www.taxtmi.com/caselaws?id=432923 The Tribunal upheld the Principal Commissioner of Income Tax's order under Section 263, finding that the Assessing Officer failed to adequately verify the capital loss and other expenses, rendering the assessment order erroneous and prejudicial to revenue. The appeal by the assessee was dismissed. en-us Mon, 16 Jan 2023 00:00:00 +0530 Tue, 17 Jan 2023 06:33:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432923 The Tribunal upheld the Principal Commissioner of Income Tax's order under Section 263, finding that the Assessing Officer failed to adequately verify the capital loss and other expenses, rendering the assessment order erroneous and prejudicial to revenue. The appeal by the assessee was dismissed. Case-Laws Income Tax Mon, 16 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432923