Revision u/s 263 - Even if the order of the AO u/s 154 was bad ...

CIT must specify how an order harms revenue interests when revising u/s 263, even if AO's order is flawed.

February 9, 2015

Case Laws Income Tax AT

Revision u/s 263 - Even if the order of the AO u/s 154 was bad in law then also the Ld.CIT was required to give concrete finding on facts as to how the order is prejudicial to the interest of the revenue. - AT

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Revision u/s 263 - Even if the order of the AO u/s 154 was bad ...

CIT must specify how an order harms revenue interests when revising u/s 263, even if AO's order is flawed.

February 9, 2015

Case Laws Income Tax AT

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