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Income Tax - Highlights / Catch Notes

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Revision u/s 264 in favor of assessee - condonation of delay in ...


Taxpayer Seeks Delay Condonation in Filing u/s 264; PCIT to Assess Justifiable Reasons for Delay.

July 29, 2017

Case Laws     Income Tax     HC

Revision u/s 264 in favor of assessee - condonation of delay in filing an application - in terms of the proviso to Section 264 (3), the PCIT should also examine whether there was any justifiable reason for such delay. - HC

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