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2015 (12) TMI 1515 - AT - Income TaxRevision u/s 263 - as per CIT(A) AO did not verified the issues with regard to claim of deduction u/s 80IB(10) of the Act at the time of completion the assessment - Held that:- Ee are of the opinion that the assessment order passed by the Assessing Officer is not erroneous insofar as it is not prejudicial to the interest of the Revenue. The CIT assumed his jurisdiction to revise the assessment order on the issues, which are considered by the A.O. in the assessment order. Therefore, the order passed by the CIT under sec. 263 of the Act is not maintainable; accordingly, we quashed the CIT’s order and restore the assessment order as CIT cannot assume the jurisdiction on the same issue, which is already considered by the Assessing Officer on the guise of revision by stating that the Assessing Officer has conducted inadequate enquiry or there is a lack of enquiry - Decided in favour of assessee
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