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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Revision u/s 263 - order has been passed by the Ld. CIT under ...


CIT's Section 263 Order Issued Without Taxpayer's Input or Due Diligence, Yet Remains Legally Valid.

July 3, 2015

Case Laws     Income Tax     AT

Revision u/s 263 - order has been passed by the Ld. CIT under section 263 without considering the explanation offered by the assessee and without applying his mind. In our opinion, this failure of the Ld. CIT, however, does not constitute any legal infirmity to make the order passed by him under section 263 invalid or void abinitio - AT

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