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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Validity of Revision of assessment order - In the absence of any ...


Assessment Order Revision Invalid: Improper Delegation and Lack of Findings Violate Section 263 of Income Tax Act.

May 25, 2015

Case Laws     Income Tax     AT

Validity of Revision of assessment order - In the absence of any independent finding and leaving the AO to start a fresh investigation is not within the powers assigned us. 263 of the IT Act - the order us. 263 is not sustainable in the eyes of law- AT

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