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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Revision u/s 263 - Endless enquiry is not possible and it is for ...


CIT Cannot Overrule AO's Judgment on Enquiry Conclusion u/s 263 of Income Tax Act.

September 10, 2015

Case Laws     Income Tax     AT

Revision u/s 263 - Endless enquiry is not possible and it is for the Ld.AO to decide when to end the enquiry. The Ld.CIT cannot transgress the jurisdiction u/s. 263 of the Act by mentioning that no proper enquiry was made. - AT

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