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Income Tax - Highlights / Catch Notes

Home Highlights April 2021 Year 2021 This

Revision u/s 263 - The Tribunal while testing the correctness of ...

Case Laws     Income Tax

April 12, 2021

Revision u/s 263 - The Tribunal while testing the correctness of the order passed by the PCIT has also not dealt with the issues, which were specifically pleaded by the assessee. Therefore, we are to necessarily hold that the order passed by the Tribunal is also erroneous. - Tribunal committed an error in not interfering with the order passed by the PCIT. - HC

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