https://www.taxtmi.com/caselaws?id=433285 The Tribunal found that the order under section 263 of the Income Tax Act was not justified as the assessment order was not erroneous or prejudicial to the Revenue's interest. The Tribunal held that the assessee complied with the provisions of section 80IE(6) and 80IA(7) despite not electronically filing the audit report. Additionally, the Tribunal determined that the AO had sufficient information regarding cash deposits during the demonetization period, leading to the appeal being allowed and the revision order set aside on 24/01/2023. en-us Tue, 24 Jan 2023 00:00:00 +0530 Wed, 25 Jan 2023 08:32:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433285 The Tribunal found that the order under section 263 of the Income Tax Act was not justified as the assessment order was not erroneous or prejudicial to the Revenue's interest. The Tribunal held that the assessee complied with the provisions of section 80IE(6) and 80IA(7) despite not electronically filing the audit report. Additionally, the Tribunal determined that the AO had sufficient information regarding cash deposits during the demonetization period, leading to the appeal being allowed and the revision order set aside on 24/01/2023. Case-Laws Income Tax Tue, 24 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433285