SH. GURJINDER SINGH,AMRITSAR vs. PR. COMMISSIONER OF INCOME TAX -1, AMRITSAR
In the result, appeal of the assessee is allowed
ITA 185/ASR/2019[2014-15]Status: DisposedITAT Amritsar30 Mar 2023AY 2014-15
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. Ashwani Kalia, CAFor Respondent: Smt. Balwinder Kaur, CIT DR
Section 194CSection 263
1. On the facts and in the circumstances of the case, the learned Principal
CIT-1, Amritsar has erred in invoking the provisions of section 263 of the Income tax Act, 1961 on issues of minuscule importance and that too based on mere presumptions, conjectures and speculation that the assessment framed is erroneous and thus prejudicial to the interests
