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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Revision u/s 263 - validity of Reopening of assessment u/s 147 - ...


Tax Assessment Reopening Invalidated Due to Lack of Jurisdiction; Revision Jurisdiction u/s 263 Quashed.

April 11, 2020

Case Laws     Income Tax     AT

Revision u/s 263 - validity of Reopening of assessment u/s 147 - proceedings without concerned authority having territorial jurisdiction are not valid - PCIT’s sec. 263 assumption of revision jurisdiction itself stands quashed - AT

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