Revision by CIT u/s 263 - Erroneous and prejudicial to revenue ...

CIT Cannot Revise Order u/s 263 if Revenue Consistently Accepted Issue; Must Be Erroneous and Prejudicial.

December 30, 2013

Case Laws Income Tax AT

Revision by CIT u/s 263 - Erroneous and prejudicial to revenue order - CIT cannot under Sec.263 interfere on an issue which has been accepted by the Revenue for a number of years particularly - AT

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Revision by CIT u/s 263 - Erroneous and prejudicial to revenue ...

CIT Cannot Revise Order u/s 263 if Revenue Consistently Accepted Issue; Must Be Erroneous and Prejudicial.

December 30, 2013

Case Laws Income Tax AT

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