Order Passed By AO not Erroneous if passed After Duly Examining Claim of Assessee

Karumanchi Nalini Vs ITO (ITAT Visakhapatnam) The Ld.AR, therefore, pleaded that the order passed by the Ld. Pr. CIT u/s 263 dated 24.03.202 1 is not valid in the eyes of law since the AO has examined and followed all the directions given by the Pr. CIT and passed the assessment order. Hence, the Ld.AR submitted that the order passed u/s 263 dated 24.03.2021 is not valid and pleaded that the order be quashed. On the other hand, the Ld.DR argued that since the AO has not complied with the directions of the Ld. Pr. CIT, thus, proceedings u/s 263 were initiated again. Therefore, the order passed ...