Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2012 (6) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (6) TMI 617 - PUNJAB AND HARYANA HIGH COURTPowers of Commissioner under section 263 of the Act - condition precedent for exercise of power - Commissioner did not reach any firm conclusion about evasion of tax - Commissioner called for record – Held that:- Nothing in section 263(1) to show that before passing the final order under that section, the Commissioner must necessarily and in all cases record final conclusions about the points in controversy before him - assessment was to be freshly made by the Income-tax Officer, the only proper course for the Commissioner was not to express any final opinion as regards the controversial points - In favour of the Revenue
|