Revision u/s 263 - the expectations of the Revisional ...

Case Laws Income Tax

May 16, 2023

Revision u/s 263 - the expectations of the Revisional Commissioner are purportedly not met - One cannot possibly say that the AO had sleepwalked on the issues involved. Noticeably, the Pr.CIT himself has not entered into any minimal inquiry on the issues himself, if so considered expedient and there is not even prima facie demonstration of fallacy in the action of the AO which rendered the order erroneous and which also simultaneously caused prejudice to the revenue. - AT

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Revision u/s 263 - the expectations of the Revisional ...

Case Laws Income Tax

May 16, 2023

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