TMI BlogCommissioner Cannot Reopen Inquiry on Claims Already Examined by Assessing Officer u/s 263 of Income Tax Act.Power of CIT u/s 263 - Commissioner in exercise of the revisional powers cannot initiate fresh inquiry about the same claim on the ground that one of the aspects of such a claim was not considered by the AO. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|