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2022 (4) TMI 102 - AT - Income TaxRevision u/s 263 - order passed by him u/s.153A r.w.s.143(3) - HELD THAT:- We are of the considered view, that now when the AO acting well in conformity with the aforesaid view of the Hon’ble Jurisdictional High Court, had therein in the absence of any incriminating material in respect of the unabated assessment of the assessee for the year under consideration, not made any addition, therefore, the order passed by him u/s.153A r.w.s.143(3) on the said count could have been by any stretch of imagination held as erroneous by the Pr. CIT u/s.263. We, thus, finding no infirmity in the view taken by the AO which as observed by us hereinabove falls within the four corners of the aforesaid judgment in the case of Continental Warehousing Corporation (Nhava Sheva) Ltd. [2015 (5) TMI 656 - BOMBAY HIGH COURT], therefore, set-aside the order passed by the Pr. CIT u/s.263 and restore the order passed by the AO u/s.153A r.w.s. 143(3) - Decided in favour of assessee.
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