Revision u/s 263 - order passed u/s 143(3) r.w.s. 147 wherein ...

CIT Cannot Use Section 263 to Revise Assessments for Reasons Not Covered in Reopening Once Section 143(3) Period Ends.

May 11, 2019

Case Laws Income Tax AT

Revision u/s 263 - order passed u/s 143(3) r.w.s. 147 wherein the assessment were re-opened on specific reasons recorded for re-opening and addition made - CIT is precluded from exercise of jurisdiction u/s 263 on a ground which is not covered by the reasons during the reopening of the assessment since the time for completing the assessment u/s 143(3) had expired

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Revision u/s 263 - order passed u/s 143(3) r.w.s. 147 wherein ...

CIT Cannot Use Section 263 to Revise Assessments for Reasons Not Covered in Reopening Once Section 143(3) Period Ends.

May 11, 2019

Case Laws Income Tax AT

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