https://www.taxtmi.com/caselaws?id=435710 The Tribunal allowed the appeal, setting aside the Ld. PCIT's order under section 263. The AO's assessment order was upheld as adequate inquiries were conducted regarding the expenditure claimed by the assessee, with the Tribunal finding that the AO had appropriately examined the matter and verified the submissions, ultimately concluding that the AO's order was not erroneous or prejudicial to the Revenue. en-us Tue, 07 Mar 2023 00:00:00 +0530 Sat, 25 Mar 2023 08:47:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435710 The Tribunal allowed the appeal, setting aside the Ld. PCIT's order under section 263. The AO's assessment order was upheld as adequate inquiries were conducted regarding the expenditure claimed by the assessee, with the Tribunal finding that the AO had appropriately examined the matter and verified the submissions, ultimately concluding that the AO's order was not erroneous or prejudicial to the Revenue. Case-Laws Income Tax Tue, 07 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435710