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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Revision u/s 263 - The materials (reasons) referred by the CIT ...


CIT's Section 263 Revision Reasons Deemed Superficial; Raise Suspicion Without Firm Conclusion or Supportive Evidence.

December 6, 2019

Case Laws     Income Tax     AT

Revision u/s 263 - The materials (reasons) referred by the CIT are superficial, which at the most can rise a suspicion only. No firm conclusion can be drawn nor support the stand taken by the ld.Commissioner

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