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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Revision u/s 263 - determination of assessee share as per will ...


CIT Revision u/s 263 Denied: Proper Inquiry Conducted on Individual's Share in Father's Will.

August 19, 2019

Case Laws     Income Tax     HC

Revision u/s 263 - determination of assessee share as per will of father - the assessee had filed the copy of the last will and testament of his father, sale deed of the Bangalore property and the legal opinion and after perusal of the same, the AO has taken a stand and passed the order - it is not the case of the CIT that there was a lack of inquiry or inadequate inquiry - not a case of revision

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