In the result, all the appeals filed by the captioned assessees are allowed in terms of our aforesaid observations
Bench: Shri Ravish Sood & Shri Arun Khodpia
section 263 of the Act being highly illegal, bad in law, legally unsustainable, 6 Sanket Jhabak & Others Vs. Pr. CIT-1, Raipur ITA No.478 & 479/RPR/2024 ITA Nos. 233 to 237/RPR/2024 arbitrary, highly unjustified and not in accordance with the provisions of law, may please be cancelled. GROUND No. V 5. That the Appellant craves leave to add, amend, alter