https://www.taxtmi.com/caselaws?id=442928 The High Court upheld the Tribunal's decision to reverse the Commissioner of Income Tax's order under Section 263 of the Income Tax Act. The Court found that the deduction claimed was examined by the Assessing Officer and was not erroneous. It noted that the assessment was under limited scrutiny, a specific query was raised on the claim, and a similar deduction was allowed in the previous year. The Court concluded that there was no substantial question of law and dismissed the appeal, affirming the Tribunal's decision. en-us Tue, 22 Aug 2023 00:00:00 +0530 Wed, 13 Sep 2023 09:14:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442928 The High Court upheld the Tribunal's decision to reverse the Commissioner of Income Tax's order under Section 263 of the Income Tax Act. The Court found that the deduction claimed was examined by the Assessing Officer and was not erroneous. It noted that the assessment was under limited scrutiny, a specific query was raised on the claim, and a similar deduction was allowed in the previous year. The Court concluded that there was no substantial question of law and dismissed the appeal, affirming the Tribunal's decision. Case-Laws Income Tax Tue, 22 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442928