https://www.taxtmi.com/caselaws?id=759491 The HC upheld the validity of the Assessing Officer's order under Section 145(3) of the Income Tax Act, 1961, affirming the diligent inquiry conducted. It found no fault in the Joint Commissioner's jurisdiction exercised under Section 144A. The HC emphasized the necessity of both error and prejudice for Section 263 interference, supporting ITAT's decision to set aside the Commissioner's order under Section 263. The ITAT's decision was upheld as it was based on legal provisions and facts, with no substantial legal questions or factual errors identified. en-us Tue, 16 Jul 2024 00:00:00 +0530 Thu, 03 Oct 2024 07:50:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759491 The HC upheld the validity of the Assessing Officer's order under Section 145(3) of the Income Tax Act, 1961, affirming the diligent inquiry conducted. It found no fault in the Joint Commissioner's jurisdiction exercised under Section 144A. The HC emphasized the necessity of both error and prejudice for Section 263 interference, supporting ITAT's decision to set aside the Commissioner's order under Section 263. The ITAT's decision was upheld as it was based on legal provisions and facts, with no substantial legal questions or factual errors identified. Case-Laws Income Tax Tue, 16 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759491