Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2008 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (9) TMI 13 - HC - Income TaxCIT invoking Section 263 set aside the assessment framed u/s 143(3) and directed the AO to calculate taxable income according to the merchantile system & directed the AO to pass the consequential orders “within a period of 3 months approximately” – revenue’s appeal against that order was dismissed by tribunal concluding that the time for passing the consequential order had expired – since no orders passed within 3 months, decision of tribunal was right – no substantial question of law arise
|