Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2014 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (11) TMI 1179 - KARNATAKA HIGH COURTOrders prejudicial to the interest of revenue u/s 263 - Held that:- where two views are possible, and merely because the revisional authority did not like the view taken by the assessing authority, there is no ground for interfering u/s 263 - also where the order passed by AO is not prejudicial to the interest of the revenue, the question of exercising the power under section 263 does not arise - Decided in favor of assessee.
|