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2018 (6) TMI 554 - ALLAHABAD HIGH COURTRevision u/s 263 - Orders prejudicial to revenue - Tribunal concluded that, it could not be said that the revisional order passed by the CIT was valid - Held that:- Tribunal has examined each and every head as questioned by the Commissioner and has answered in respect of every issues raised by him whether it was a question of difference of pairs of footwears manufactured during the year or whether it was the travelling expenses of the partner or whether it was the health expenses and insurance expenses of the partner of the firm, has come to the conclusion that A.O. had made no error in passing the orders on these issues. There is no quarrel with the settled law that it is always open to the CIT under the provisions of Section 263 of the Act to make a detailed inquiries with regard to any issue that may seem doubtful, but while passing the order under Section 263 of the Act he has to make a clear and firm decision that the order passed by the A.O. is either erroneous or to be prejudicial to the interest of the revenue. Neither has been found in the present. - Decided in favor of assessee.
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