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2012 (12) TMI 1072 - HC - Income TaxRevision u/s 263 - Held that:- No question of law arises. The Commissioner after recording cogent reasons found that the order passed by the Assessing Officer was erroneous and also prejudicial to the interest of the Revenue. He was therefore, on facts of the case entitled to exercise revisional powers under section 263. While doing so, he remanded the proceedings before the Assessing Officer for full inquiry and fresh consideration. He had not given any specific directions to consider the issue in particular manner. Tribunal further clarified this issue in the impugned order as can be seen from the noted portion of the order itself.
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