Validity of Revision u/s 263 - Assessment framed without ...

Section 263 Revision Valid: Assessment Lacked Thorough Enquiries, Prejudicial to Revenue Interests, Justifying Authority's Intervention.

April 27, 2023

Case Laws Income Tax AT

Validity of Revision u/s 263 - Assessment framed without carrying out detailed enquiries and verifications is indeed an erroneous one causing prejudice to the interest of Revenue which duly entitles the prescribed authority to assume its section and pass necessary orders thereupon as it thinks fit. - Revision proceedings sustained - AT

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Validity of Revision u/s 263 - Assessment framed without ...

Section 263 Revision Valid: Assessment Lacked Thorough Enquiries, Prejudicial to Revenue Interests, Justifying Authority's Intervention.

April 27, 2023

Case Laws Income Tax AT

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