Revision u/s 263 by PCIT - alleged that cash deposits being not ...

ITAT Invalidates PCIT's Section 263 Revision Due to Lack of Proper Application of Mind and AO's Satisfactory Inquiry.

May 9, 2019

Case Laws Income Tax HC

Revision u/s 263 by PCIT - alleged that cash deposits being not satisfactorily explained and failure of AO to bring the same to tax - ignoring the factum of inquiry by the AO, the material on record and the conclusions arrived at, the proceeding initiated by the PCIT u/s 263 without application of mind, has rightly been held invalid by the ITAT

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Revision u/s 263 by PCIT - alleged that cash deposits being not ...

ITAT Invalidates PCIT's Section 263 Revision Due to Lack of Proper Application of Mind and AO's Satisfactory Inquiry.

May 9, 2019

Case Laws Income Tax HC

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