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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Revision u/s 263 by CIT(A) - It is settled position of law that ...


Commissioner Can Revise Faulty Assessment Orders u/s 263 to Protect Revenue Interests.

September 13, 2012

Case Laws     Income Tax     AT

Revision u/s 263 by CIT(A) - It is settled position of law that failure to make enquires which are required in the facts of the case would itself make the assessment order erroneous and prejudicial to the interest of the revenue. - AT

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