Notice u/s 263 issued by AO was held valid when notice itself stated that PCIT directed its issuance and AO…
No Revision u/s 263 when assessment order was void and did not exist in law for not following procedure laid…
CIT is empowered to invoke revisionry powers u/s 263 to direct AO to initiate penalty proceedings u/s 271(1)(c) - ITAT…
No mandatory show cause notice requirement us 263-SC. Only reasonable opportunity of hearing to be afforded to the assessee The…
Assessment in pursuance of order u/s 263 based on a judgement subsequent to the date of original assessment cannot be…