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Income Tax - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

Revision u/s 263 - AO merely accepted the valuation report dated ...


Section 263 Invoked: Assessing Officer's Lack of Scrutiny on Valuation Report Leads to Revision by Pr. CIT.

May 2, 2017

Case Laws     Income Tax     AT

Revision u/s 263 - AO merely accepted the valuation report dated 15-10-2012 of the valuer submitted by the assessee without going into all these aspects - Pr. CIT has rightly invoked the provisions of section 263 - AT

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