https://www.taxtmi.com/caselaws?id=439848 The Tribunal set aside the order passed by the Principal Commissioner of Income Tax (Pr. CIT) under section 263, concluding that the assessment order was neither erroneous nor prejudicial to the revenue. As a result, the stay petition seeking to stay the set-aside proceedings became infructuous. The appeal of the assessee was allowed, and the stay petition was dismissed. en-us Wed, 19 Apr 2023 00:00:00 +0530 Mon, 03 Jul 2023 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439848 The Tribunal set aside the order passed by the Principal Commissioner of Income Tax (Pr. CIT) under section 263, concluding that the assessment order was neither erroneous nor prejudicial to the revenue. As a result, the stay petition seeking to stay the set-aside proceedings became infructuous. The appeal of the assessee was allowed, and the stay petition was dismissed. Case-Laws Income Tax Wed, 19 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439848