https://www.taxtmi.com/caselaws?id=433422 The Tribunal allowed the assessee's appeal for statistical purposes, emphasizing the importance of considering a revised return of income in assessment proceedings. The Tribunal held that the original return was effaced by the revised return filed by the assessee, and the Assessing Officer erred in not considering the revised return before passing the assessment order. The assessment was remanded back to the AO for a de novo assessment, with directions to consider the revised return of income to ensure a fair assessment process. en-us Mon, 12 Dec 2022 00:00:00 +0530 Mon, 30 Jan 2023 09:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433422 The Tribunal allowed the assessee's appeal for statistical purposes, emphasizing the importance of considering a revised return of income in assessment proceedings. The Tribunal held that the original return was effaced by the revised return filed by the assessee, and the Assessing Officer erred in not considering the revised return before passing the assessment order. The assessment was remanded back to the AO for a de novo assessment, with directions to consider the revised return of income to ensure a fair assessment process. Case-Laws Income Tax Mon, 12 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433422