erroneous and prejudicial

  • Income Tax

CIT should make detailed enquiry at revision stage if he wants to take different view

CIT should make detailed enquiry at revision stage if he wants to take a different view and give finding how…

4 years ago
  • Income Tax

Assessment Order passed months ahead of deadline without inquiries a stronger case for revision u/s 263

Assessment Order passed several months ahead of deadline without making inquiries/verification is without due application of mind & in avoidable…

4 years ago
  • Income Tax

Revision u/s 263 done on issues not covered under limited scrutiny quashed

Revision u/s 263 done on issues not covered under limited scrutiny quashed as AO had already verified those issues for…

4 years ago
  • Income Tax

Failure of AO to apply section 184(5) makes assessment order erroneous & prejudicial to Revenue

Failure of AO to apply/examine applicability of section 184(5) makes the assessment order erroneous and prejudicial to the interests of…

4 years ago
  • Income Tax

Principles of law/legal position regd. exercise of revisionary powers u/s 263 as laid down by SC/HC

Principles of law and legal position regarding exercise of revisionary powers u/s 263. ITAT explains the twin conditions as laid…

5 years ago
  • Income Tax

Revision u/s 263 merely for difference in income as per P&L Account & TDS statement quashed

Revision 263 merely for difference in income as per P&L Account & TDS statement quashed as assessment order was not…

5 years ago
  • Income Tax

Revision u/s 263 upheld as AO failed to initiate penalty proceedings u/s 271(1)(c) on increased income

Revision u/s 263 upheld as AO failed to initiate penalty proceedings u/s 271(1)(c) where assessee increased income in revised return…

5 years ago
  • Income Tax

CIT Revision u/s 263 unjustified that income surrendered u/s 133A to be taxed separately u/s 69A not as business income

CIT Revision u/s 263 unjustified alleging wiping out income surrendered u/s 133A treating it business income and not separately u/s…

8 years ago