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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Revision u/s 264 in favor of assessee - the appeal of the ...


Taxpayer Wins Appeal: Section 264 Allows CIT Jurisdiction Due to Unresolved Merits, No Appeal Pending with CIT(A).

December 10, 2015

Case Laws     Income Tax     AT

Revision u/s 264 in favor of assessee - the appeal of the Assessee has not been disposed on merits. In view of this, there was no bar to the CIT in exercising jurisdiction u/s.264 - the embargo imposed in Sec. 264 that there should be no appeal pending before CIT(A) on the issues raised in the application u/s.264 is not applicable in the present case - AT

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