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2004 (6) TMI 624 - AT - Income Tax
Extract:
.......of the learned CIT that the order of assessment passed in this case is erroneous and prejudicial to the interest of the Revenue. Hence, various grounds taken by the assessee to assail the order passed under section 263 of the Income-tax Act are allowed and consequently, the order is quashed. 27. In the result, the appeal of the assessee is allowed.