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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Revision u/s 263 - AO in this case on examining the sale deed ...


AO's Decision on Sale Deed Review Stands; No Need for Repeated Scrutiny u/s 263 Revision.

September 24, 2019

Case Laws     Income Tax     AT

Revision u/s 263 - AO in this case on examining the sale deed came to a conclusion at the first stage which was well within his power as it is not mandatory that for each and every aspect the Ld. AO has to doubt the transaction and call for information again and again.

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