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2002 (12) TMI 38 - HC - Income Tax"1. Whether, Tribunal was right in holding that the order passed by the Commissioner of Income-tax under section 263, is valid? - 2. Whether, Tribunal was right in holding that the Commissioner of Income-tax could validly invoke the provision of section 263 of the Act, even though the same does not accord to the instructions given by the CBDT in similar situations ?" Tribunal was correct in holding that the Commissioner has exercised his jurisdiction on proper and valid grounds and he has exercised his jurisdiction properly when he found that the Assessing Officer had granted deduction under sections 80HH and 80HHC without verifying the same. We do not find any infirmity in the order of the Appellate Tribunal and accordingly, we answer the question of law referred to us in the affirmative, against the assessee and in favour of the Revenue
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