Revision u/s 263 - Being conscious of the fact that the original ...

July 30, 2021

Case Laws Income Tax AT

Revision u/s 263 - Being conscious of the fact that the original assessment order could not be revised under section 263 of the Act due to bar of limitation, as provided under sub section (2) of section 263 of the Act, learned PCIT, as it appears, has proceeded to revise the assessment order passed under section 143(3) r.w.s. 147 of the Act to get over the hurdle of limitation. This, in our view, is impermissible. - AT

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Revision u/s 263 - Being conscious of the fact that the original ...

July 30, 2021

Case Laws Income Tax AT

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