Revision under section 263 - in the absence of a positive ...

Section 263 demands proof of error and revenue prejudice for CIT to revise orders under the Income Tax Act.

December 26, 2011

Case Laws Income Tax AT

Revision under section 263 - in the absence of a positive finding of application of twin conditions that the order sought to be revised is erroneous and it is prejudicial to the interests of the revenue, it was not open for the ld. CIT to assume jurisdiction.... - AT

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Revision under section 263 - in the absence of a positive ...

Section 263 demands proof of error and revenue prejudice for CIT to revise orders under the Income Tax Act.

December 26, 2011

Case Laws Income Tax AT

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