https://www.taxtmi.com/caselaws?id=61211 The Tribunal allowed the appeal, canceling the Commissioner of Income Tax's order under Section 263 of the Income Tax Act, 1961. The Tribunal found that the Commissioner did not apply his judicial mind independently but solely relied on an audit report, rendering his order unsustainable. Additionally, the Tribunal held that the Commissioner's order was ineffective as it did not address the assessment order under Section 143(3). The Tribunal also emphasized that the Income Tax Officer's decision, based on prevailing facts and law, could not be altered retroactively based on a subsequent judgment. en-us Wed, 13 Oct 1982 00:00:00 +0530 Tue, 11 Jan 2011 13:17:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61211 The Tribunal allowed the appeal, canceling the Commissioner of Income Tax's order under Section 263 of the Income Tax Act, 1961. The Tribunal found that the Commissioner did not apply his judicial mind independently but solely relied on an audit report, rendering his order unsustainable. Additionally, the Tribunal held that the Commissioner's order was ineffective as it did not address the assessment order under Section 143(3). The Tribunal also emphasized that the Income Tax Officer's decision, based on prevailing facts and law, could not be altered retroactively based on a subsequent judgment. Case-Laws Income Tax Wed, 13 Oct 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61211