https://www.taxtmi.com/caselaws?id=56423 The Tribunal allowed the appeals, holding that the Commissioner of Income Tax (CIT) acted without jurisdiction under Section 263 as the Assessing Officer's orders under Section 143(1) did not meet the criteria of being erroneous and prejudicial to the interests of the Revenue. The Tribunal reversed the CIT's decision and concluded that the revisionary jurisdiction was not justified in this case. en-us Tue, 02 Dec 1997 00:00:00 +0530 Fri, 03 Dec 2010 15:51:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56423 The Tribunal allowed the appeals, holding that the Commissioner of Income Tax (CIT) acted without jurisdiction under Section 263 as the Assessing Officer's orders under Section 143(1) did not meet the criteria of being erroneous and prejudicial to the interests of the Revenue. The Tribunal reversed the CIT's decision and concluded that the revisionary jurisdiction was not justified in this case. Case-Laws Income Tax Tue, 02 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56423