Revision u/s 263 - failure to adhere to requirement of section ...

Section 263 Revision: Non-Compliance with Section 144C(1) is Not Curable u/s 292B of Income Tax Act.

March 30, 2020

Case Laws Income Tax AT

Revision u/s 263 - failure to adhere to requirement of section 144C(1) - This requirement the courts has been held to be mandatory that gives substantive rights to assessee to object to any additions, before they are made, and such objections have to be considered not by the assessing officer but by the DRP. We therefore reject the argument of Ld. CIT DR that failure to adhere to requirement under 144C (1) is curable defect u/s. 292B of the Act.

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Revision u/s 263 - failure to adhere to requirement of section ...

Section 263 Revision: Non-Compliance with Section 144C(1) is Not Curable u/s 292B of Income Tax Act.

March 30, 2020

Case Laws Income Tax AT

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