Revision u/s 264 in favor of assessee - It is manifest that only ...

Income Tax Commissioner Can Revise Orders u/s 264: No Time Limit for Assessee Applications, One-Year Limit Suo-Motu.

October 30, 2019

Case Laws Income Tax HC

Revision u/s 264 in favor of assessee - It is manifest that only suo-motu power of the Commissioner under Section 264 of the IT Act, is restricted against an order passed within one year, whereas no such restriction is imposed on the Commissioner to exercise his power in respect of an order, which has been passed more than on year, if such revisional power is sought to be invoked at the instance of the Assessee by making an application under Section 264 of the IT Act.

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Revision u/s 264 in favor of assessee - It is manifest that only ...

Income Tax Commissioner Can Revise Orders u/s 264: No Time Limit for Assessee Applications, One-Year Limit Suo-Motu.

October 30, 2019

Case Laws Income Tax HC

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