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2012 (4) TMI 693 - AT - Income TaxRevision u/s 263 - Held that:- For the purpose of section 263, it is not necessary for the Commissioner of Income-tax to make a final adjudication of the issues. If he finds prima facie that certain relevant aspects of the assessment have not been examined by the assessing authority, which has made the assessment order erroneous and prejudicial to the interests of the Revenue, the Commissioner of Income-tax is within his competence to invoke section 263. As far as the present case is concerned, the assessment order passed by the assessing authority is a very cryptic order where there is no discussion regarding certain vital issues arising from the assessment.
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