https://www.taxtmi.com/caselaws?id=440864 The Tribunal found that the assessment order was not erroneous or prejudicial to the Revenue's interest. The exercise of powers under Section 263 was deemed invalid, and the original assessment order was restored. The appeal was allowed, and the decision was pronounced in open court on 24th March 2023. en-us Fri, 24 Mar 2023 00:00:00 +0530 Fri, 28 Jul 2023 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440864 The Tribunal found that the assessment order was not erroneous or prejudicial to the Revenue's interest. The exercise of powers under Section 263 was deemed invalid, and the original assessment order was restored. The appeal was allowed, and the decision was pronounced in open court on 24th March 2023. Case-Laws Income Tax Fri, 24 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440864