Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2010 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2010 (3) TMI 74 - HC - Income TaxRevision of assessment under section 263 – effect of surrender of income before AO in the presence of CIT and Addl. CIT – ITAT quashed the revision order of CIT passed under section 263 – held that - assessment could not be regarded as erroneous nor prejudicial to the interest of the Revenue because the Assessing Officer has categorically recorded a finding in the order sheet that surrendered amount by the assessee was finalised in the presence of the CIT as well as that of Addl. CIT. – decided in favor of assessee
|