Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2012 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (10) TMI 98 - ITAT, AGRAOrder u/s. 263 by CIT(A) - Held that:- No interference is called for in the matter as it is well settled law that if the AO did not make enquiries on the issues involved in the assessment, it would amount to assessment order passed erroneously and prejudicial to the interest of Revenue. Since the AO failed to make proper enquiries on the matter in issue raised in the show cause notice by the Commissioner, therefore, the Commissioner rightly set aside the assessment order with the direction to make fresh assessment in this case after properly investigating the referred issues. In the absence of any material on record to challenge the findings of the Commissioner, no infirmity in the impugned order - against assessee.
|