https://www.taxtmi.com/caselaws?id=436310 The Tribunal held that the assessment framed under section 143(3) was not erroneous or prejudicial to the Revenue's interest. The Tribunal found that the Assessing Officer had conducted sufficient inquiries and considered the evidence before accepting the bad debt claim. Consequently, the Tribunal quashed the revisional order passed by the Principal Commissioner of Income Tax, allowing the assessee's appeal. en-us Fri, 31 Mar 2023 00:00:00 +0530 Mon, 10 Apr 2023 08:56:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436310 The Tribunal held that the assessment framed under section 143(3) was not erroneous or prejudicial to the Revenue's interest. The Tribunal found that the Assessing Officer had conducted sufficient inquiries and considered the evidence before accepting the bad debt claim. Consequently, the Tribunal quashed the revisional order passed by the Principal Commissioner of Income Tax, allowing the assessee's appeal. Case-Laws Income Tax Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436310