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    <title>2023 (4) TMI 375 - ITAT CHENNAI</title>
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    <description>The Tribunal quashed the Principal Commissioner of Income-tax&#039;s order under section 263, stating that the Assessing Officer&#039;s assessment order was not erroneous or prejudicial to revenue. The Tribunal found that the AO had conducted thorough inquiries and considered all relevant submissions, concluding that the assessment order was valid. The appeal by the assessee was allowed.</description>
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      <description>The Tribunal quashed the Principal Commissioner of Income-tax&#039;s order under section 263, stating that the Assessing Officer&#039;s assessment order was not erroneous or prejudicial to revenue. The Tribunal found that the AO had conducted thorough inquiries and considered all relevant submissions, concluding that the assessment order was valid. The appeal by the assessee was allowed.</description>
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