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2017 (1) TMI 1248 - ITAT CHENNAIRevision u/s 263 - whether the assessment order passed under section 143(3) r.w.s. 153A of the Act is erroneous and prejudicial to the interest of the Revenue? - Held that:- PCIT has independently, on verification of assessment records found that the information contained in the seized document at page Nos. 82 to 86 vide Annexure Ann/PS/SS/B&D/S-3 dated 10.01.2012, which was seized during the course of search under section 132 of the Act has been omitted by the Assessing Officer while framing the assessment under section 143(3) r.w.s. 153A of the Act dated 24.03.2014. Under the above facts and circumstances, we are of the considered opinion that the ld. PCIT has rightly invoked the provisions of section 263 of the Act and directed the Assessing Officer to redo the assessment. We find no infirmity in the order passed by the ld. PCIT - Decided against assessee
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