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2018 (4) TMI 695 - AT - Income TaxRevision u/s 263 - Held that:- Almost all the issues on which show cause notice was issued u/s. 263, stood examined by the Assessing Officer by issuing the questionnaire with respect thereto in the assessment proceedings u/s. 143(3) of the Act. The issues raised by the first appellate authority also stood resolved by ITAT in appeal for A.Y. 2010-11, which stood affirmed by Hon’ble jurisdictional High Court vide their decision [2017 (4) TMI 1035 - DELHI HIGH COURT]. Therefore, respectfully following the decision of Hon’ble jurisdictional High court in the case of assessee itself for A.Y. 2010-11, we do not find any good reason to sustain the decision reached by learned Pr. CIT passed u/s. 263 of the IT Act. As a result, the appeal of the assessee deserves to be allowed.
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