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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Revision u/s 263 - the period of limitation provided for under ...


Limitation for Revision u/s 263 of Income Tax Act Starts from Original Assessment Order Date, Not Reassessment.

July 23, 2013

Case Laws     Income Tax     HC

Revision u/s 263 - the period of limitation provided for under sub-section (2) of section 263 of the Act would begin to run from the date of the order of assessment and not from the order of reassessment. - HC

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