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Income Tax - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Revision u/s 263 - the facts demonstrate that necessary enquiry ...


Section 263 Revision Set Aside: AO Conducted Necessary Inquiries; Assessment Not Prejudicial to Revenue Interests.

May 29, 2019

Case Laws     Income Tax     AT

Revision u/s 263 - the facts demonstrate that necessary enquiry have been conducted by the AO and relevant documents regarding the issue was received by the AO - CIT may be of the opinion that it is erroneous but in no way it can be prejudicial to the interest of the Revenue since there there is always a difference between any enquiry conducted or no enquiry conducted - revision set aside

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