https://www.taxtmi.com/caselaws?id=443207 The Tribunal upheld the order passed by the Principal Commissioner of Income Tax under section 263, dismissing the appellant's grounds challenging the assessment for the Assessment Year 2017-18. The Tribunal found the assessment order to be erroneous and prejudicial to revenue due to lack of proper verification and basis for profit estimation, ultimately leading to the dismissal of the appeal. en-us Fri, 28 Apr 2023 00:00:00 +0530 Tue, 19 Sep 2023 08:02:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443207 The Tribunal upheld the order passed by the Principal Commissioner of Income Tax under section 263, dismissing the appellant's grounds challenging the assessment for the Assessment Year 2017-18. The Tribunal found the assessment order to be erroneous and prejudicial to revenue due to lack of proper verification and basis for profit estimation, ultimately leading to the dismissal of the appeal. Case-Laws Income Tax Fri, 28 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443207