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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Revision u/s 263 - The order has been passed in undue haste and ...


Section 263 Order Overturned Due to Lack of Urgency Evidence, Only Limitation Period Expiration Noted.

February 16, 2017

Case Laws     Income Tax     AT

Revision u/s 263 - The order has been passed in undue haste and there is nothing on record to suggest the urgency in the matter except the fact that the limitation period to exercise powers under section 263 was expiring on the said date - revision set aside - AT

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