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2006 (4) TMI 86 - RAJASTHAN HIGH COURT"Whether Tribunal was justified in law in quashing the order under section 263 passed by CIT?" – CIT considering that the assessment order has been passed without following proper enquiry which has resulted in an erroneous assessment order and prejudicial to the interests of the Revenue, issued notice under section 263 of the Income-tax Act, 1961, in exercise of his revisional jurisdiction. - Tribunal after considering the material available on record was satisfied that proper enquiry was made by the Assessing Officer before passing the assessment order and he has applied his mind to the relevant material which was brought on record. It does not give rise to any question of law. - Consequently, the order of the Tribunal rejecting the application under section 256(1) by holding that the order of the Tribunal does not give rise to any question of law is not erroneous and, therefore, the application under section 256(2) must fail.
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