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Income Tax - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Revision u/s 263 - CIT was of the view that apparently the ...

Case Laws     Income Tax

October 29, 2019

Revision u/s 263 - CIT was of the view that apparently the registration expenditure was paid on undisclosed income and was liable to be taxed which has not been done by the assessee. - The facts of the present case would fall where the A.O. did not conduct any enquiry or examined the evidence whatsoever related to the issue under consideration. There was total absence of enquiry or verification.

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