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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Revision u/s 263 - Directions of the Ld.CIT given to the AO to ...

Income Tax

March 8, 2016

Revision u/s 263 - Directions of the Ld.CIT given to the AO to verify the unsecured creditors, unsecured loans, the AO in his fresh assessment order passed u/s 143(3) r.w.s.263 of the Act, did not draw any adverse inference. This direction of the Ld.CIT was in the nature of directing rowing enquiries. - Revision is bad in law - AT

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