CIT empowered to exercise power u/s 263 over orders passed u/s 271(D) and 271D
July 21, 2024
High Courts, Income Tax
CIT empowered to exercise power u/s 263 over penalty orders passed u/s 271(D) and 271D by the Joint Commissioner of Income Tax. In a recent judgment, Hon’ble Punjab and Haryana High Court has held that CIT is empowered to exercise jurisdiction u/s 263 over penalty orders passed u/s …