PRINCIPAL COMMISSIONER OF INCOME TAX 1 KOLKATA vs. RUSSEL CREDIT LIMITED

Bench: HON'BLE JUSTICE RAJARSHI BHARADWAJ,HON'BLE JUSTICE UDAY KUMAR

u/s. 263 on the issue of dispute fell without appreciating that "the assessment order was erroneous and prejudicial to the interest of revenue within the scope of explaining 2(b) of Section 263 of the Income Tax Act, 1961? b. Whether in facts and in the circumstances of the case the Ld. Income Tax Appellate Tribunal was not justified