In revision proceedings CIT cannot travel beyond the reasons given in the show-cause notice u/s 263 – Supreme Court dismisses…
Taking a view should be backed by reasons in the order itself with evidences and independent enquiry. ITAT upheld revision…
Notice u/s 263 issued by AO was held valid when notice itself stated that PCIT directed its issuance and AO…
Show cause notice u/s 263 at old address was not full opportunity afforded to the assessee to controvert the grounds…
No mandatory show cause notice requirement us 263-SC. Only reasonable opportunity of hearing to be afforded to the assessee The…