Revision u/s 263 - Use of word "seems" by the CIT while ...

February 29, 2020

Case Laws Income Tax AT

Revision u/s 263 - Use of word "seems" by the CIT while recording reasons - It seems that, Assessment order passed by the A.O. in this case is erroneous and prejudicial to the interests of the Revenue.” The Ld. Pr. CIT has referred the word “seems” twice in para 6 of the above show cause notice. It would, therefore, show that even he was not sure whether it is a fit case of invoking jurisdiction u/s 263 - order set aside - AT

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Revision u/s 263 - Use of word "seems" by the CIT while ...

February 29, 2020

Case Laws Income Tax AT

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