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2010 (3) TMI 544 - BOMBAY HIGH COURT
Revision - A notice was issued on February 9, 2007 by the Commissioner of Income-tax (Central) to the assessee to show cause why the order of assessment should not be revised in exercise of powers under section 263. The assessee responded to the notice following which an order was passed on March 26, 2007 by the Commissioner of Income-tax (Central) under section 263, setting aside the order of block assessment and directing the Assessing Officer to pass a fresh order of assessment. Held that - order of Assessing Officer not erroneous. Commissioner taking a different view. Commissioner cannot set aside order of Assessing Officer u/s 263.