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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Revision u/s 263 - Since, the assessee failed to appear before ...


CIT Revises Assessment Order u/s 263 Due to Assessee's Non-Appearance; Intentions Cannot Be Assumed.

October 26, 2016

Case Laws     Income Tax     AT

Revision u/s 263 - Since, the assessee failed to appear before the CIT, the CIT cannot presume things which is in the minds of assessee, as such opined that CIT has rightly assumed his jurisdiction to revise the assessment order based on the information available on record - AT

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