CIT's Supervisory Power: Section 263 Allows Reassessment to Ensure Correct Tax Assessments and Maintain System Integrity.

Revision u/s 263 - CIT was clothed with ample supervisory powers to direct for redoing the assessment provided twin conditions as envisaged by Section 263 were fulfilled. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X