Tag: limitation u/s 263

Limitation for invoking revisional jurisdiction u/s 263 with respect to issues not covered in re-assessment would start from the original Assessment Order – ITAT In a recent judgment, ITAT has held that limitation for PCIT to invoke revisionary jurisdiction u/s 263 of the Income Tax Act, 1961 (the …

Period of limitation of Revisional order u/s 263(2) is date of order passed by Commissioner and not date when order is received by assessee – SC ABCAUS Case Law CitationABCAUS 3554 (2021) (10) SC In the instant case, the Revenue had challenged the order passed by the Hon’ble …