https://www.taxtmi.com/caselaws?id=432954 The Tribunal allowed the appeal, ruling in favor of the appellant, as it found that the Assessing Officer had appropriately considered and addressed the issue of unexplained expenses related to sub-contract. The Tribunal determined that the Assessing Officer's assessment was accurate, and the revision by the PCIT under Section 263 was deemed unjustified. Therefore, the Tribunal concluded that the PCIT's intervention was unwarranted, leading to the appellant's success in the case. en-us Fri, 30 Sep 2022 00:00:00 +0530 Wed, 18 Jan 2023 08:33:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432954 The Tribunal allowed the appeal, ruling in favor of the appellant, as it found that the Assessing Officer had appropriately considered and addressed the issue of unexplained expenses related to sub-contract. The Tribunal determined that the Assessing Officer's assessment was accurate, and the revision by the PCIT under Section 263 was deemed unjustified. Therefore, the Tribunal concluded that the PCIT's intervention was unwarranted, leading to the appellant's success in the case. Case-Laws Income Tax Fri, 30 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432954