Merely because the CIT is of the opinion that the penalty levied ...

CIT Cannot Revise Penalty Decisions Suo Motu u/s 263 Just for Being Low.

November 15, 2013

Case Laws Income Tax AT

Merely because the CIT is of the opinion that the penalty levied by the Assessing Officer is on the lower side would not vest the Commissioner with the power of suo motu revision under Section 263 - AT

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Merely because the CIT is of the opinion that the penalty levied ...

CIT Cannot Revise Penalty Decisions Suo Motu u/s 263 Just for Being Low.

November 15, 2013

Case Laws Income Tax AT

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