Revision u/s 264 in favor of assessee - period of limitation - ...

Commissioner Can Conduct Inquiries u/s 264; Petitioners Allowed to Correct Genuine Mistakes Without Time Limit Bar.

February 9, 2018

Case Laws Income Tax HC

Revision u/s 264 in favor of assessee - period of limitation - the petitioner cannot be shut out from placing facts before the Commissioner and Section 264 empowers the Commissioner to cause enquiry and verify the facts. Secondly, if there has been a genuine mistake committed by the assessee, Statute does not bar the assessee from rectifying his mistake - HC

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Revision u/s 264 in favor of assessee - period of limitation - ...

Commissioner Can Conduct Inquiries u/s 264; Petitioners Allowed to Correct Genuine Mistakes Without Time Limit Bar.

February 9, 2018

Case Laws Income Tax HC

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