https://www.taxtmi.com/caselaws?id=55109 The Appellate Tribunal ITAT Ahmedabad set aside the Commissioner's revisional order under section 263, finding the assessment order by the ITO not erroneous or prejudicial to the Revenue. The Tribunal emphasized the need for objective assessment, considering the net income and previous Tribunal decisions, ultimately ruling in favor of the assessee. en-us Wed, 02 May 1990 00:00:00 +0530 Wed, 24 Nov 2010 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55109 The Appellate Tribunal ITAT Ahmedabad set aside the Commissioner's revisional order under section 263, finding the assessment order by the ITO not erroneous or prejudicial to the Revenue. The Tribunal emphasized the need for objective assessment, considering the net income and previous Tribunal decisions, ultimately ruling in favor of the assessee. Case-Laws Income Tax Wed, 02 May 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55109