Revision u/s 263 - limited scrutiny assessment - Failure to make ...

Income Tax

October 7, 2020

Revision u/s 263 - limited scrutiny assessment - Failure to make enquiry in such circumstances would make the assessment order erroneous and prejudicial to the interest of the revenue. - it was a case of lack of inquiry and there was no application of mind by AO on the issues which formed subject matter of revisional jurisdiction u/s 263. - AT

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Revision u/s 263 - limited scrutiny assessment - Failure to make ...

Income Tax

October 7, 2020

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