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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Revision u/s 263 - CIT was clothed with ample supervisory powers ...


CIT's Supervisory Power: Section 263 Allows Reassessment to Ensure Correct Tax Assessments and Maintain System Integrity.

November 16, 2019

Case Laws     Income Tax     AT

Revision u/s 263 - CIT was clothed with ample supervisory powers to direct for redoing the assessment provided twin conditions as envisaged by Section 263 were fulfilled.

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