Revision u/s 263 - The provisions of Section 263 although ...

Section 263 Limits: Revisional Authority Can't Use Broad Powers for Every Minor Inquiry Issue in Income Tax Act.

August 14, 2018

Case Laws Income Tax AT

Revision u/s 263 - The provisions of Section 263 although appears to be of a very wide amplitude and more particularly after insertion of Explanation 2 but cannot possibly mean that recourse to Section 263 of the Act would be available to the Revisional Authority on each and every inadequacy in the matter of inquiries and verification as perceived by the Revisional Authority.

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Revision u/s 263 - The provisions of Section 263 although ...

Section 263 Limits: Revisional Authority Can't Use Broad Powers for Every Minor Inquiry Issue in Income Tax Act.

August 14, 2018

Case Laws Income Tax AT

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