https://www.taxtmi.com/caselaws?id=753656 The Revenue's appeal against the ITAT's decision to quash the order under Section 263 was dismissed. The ITAT's setting aside of the Principal CIT's revised order rendered the subsequent assessment order under Section 143(3) read with Section 263 ineffective. Consequently, the CIT(A) deemed the assessment order infructuous, leading to the dismissal of the Revenue's appeal. This outcome highlights the impact of procedural adherence and legal interpretation in tax assessment proceedings. en-us Mon, 27 May 2024 00:00:00 +0530 Fri, 07 Jun 2024 08:13:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753656 The Revenue's appeal against the ITAT's decision to quash the order under Section 263 was dismissed. The ITAT's setting aside of the Principal CIT's revised order rendered the subsequent assessment order under Section 143(3) read with Section 263 ineffective. Consequently, the CIT(A) deemed the assessment order infructuous, leading to the dismissal of the Revenue's appeal. This outcome highlights the impact of procedural adherence and legal interpretation in tax assessment proceedings. Case-Laws Income Tax Mon, 27 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753656