Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1992 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1992 (1) TMI 166 - AT - Income TaxExtract: ....... CIT vs. S.M. Oil Extraction (P) Ltd., Under the circumstances, it is not possible to hold that the CIT has no jurisdiction to invoke powers under s. 263 for exercising his revisionary powers. The order of the CIT appears to be quite justified. Under the circumstances and the appeal of the assessee does not bear any merit and hence it is dismissed.
|