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Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Revision u/s 263 - It is no doubt the duty of the CIT to record ...

Income Tax

July 24, 2018

Revision u/s 263 - It is no doubt the duty of the CIT to record why revision is warranted; however, the ITAT’s jurisdiction is not to rewrite the AO’s order and improve upon it, in a manner of speaking - Decided in favor of revenue.

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  10. Revision u/s 263 - CIT has merely directed the Assessing Officer to make an elaborate inquiry. - revision is not valid - AT

 

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