https://www.taxtmi.com/caselaws?id=433684 The Appellate Tribunal ITAT Kolkata heard appeals by the Revenue against orders u/s 250 for AY 2014-2015 by the CIT(A). The appeals, delayed by 493 days due to COVID-19 restrictions, were allowed for adjudication. The Tribunal consolidated the appeals challenging the CIT(A)'s decision to set aside the PCIT's order u/s 263. The Tribunal found in favor of the assessee, holding that the original assessment proceedings under 143(3) became infructuous after the revision under 263 was quashed by the ITAT. Consequently, the Revenue's appeals were dismissed on 24th January 2023. en-us Tue, 24 Jan 2023 00:00:00 +0530 Mon, 06 Feb 2023 09:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433684 The Appellate Tribunal ITAT Kolkata heard appeals by the Revenue against orders u/s 250 for AY 2014-2015 by the CIT(A). The appeals, delayed by 493 days due to COVID-19 restrictions, were allowed for adjudication. The Tribunal consolidated the appeals challenging the CIT(A)'s decision to set aside the PCIT's order u/s 263. The Tribunal found in favor of the assessee, holding that the original assessment proceedings under 143(3) became infructuous after the revision under 263 was quashed by the ITAT. Consequently, the Revenue's appeals were dismissed on 24th January 2023. Case-Laws Income Tax Tue, 24 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433684