[aaykarbhavan] Fw: Guide To The Law On Revision Of Assessments

----- Forwarded Message -----
From: CA. VMV SUBBA RAO <vmvsrao@gmail.com>
To: a_solanki@sify.com
Sent: Monday, 24 June 2013 6:01 AM
Subject: Guide To The Law On Revision Of Assessments

S. 263: Guide To The Law On Revision Of Assessments

Section 263 of the Income-tax Act, 1961 confers wide powers on the Commissioner to revise any assessment which is "erroneous and prejudicial to the interests of the revenue". While the section is widely worded, Courts have read in a number of checks and balances to ensure that the said power is not abused by the Commissioner. The author has carefully analyzed the entire law on the subject and identified all the core legal principles. The Guide will prove invaluable as a ready-referencer of all the legal propositions and case laws on the subject.

 A pdf copy of the Guide is attached herewith.

--

Best Wishes

CA. V.M.V.SUBBA RAO
Chartered Accountant
Door No.24-2-1885,
I Floor, Flat No.5,
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Nellore-524 003
Andhra Pradesh
India
Mobile:+91 - 0 9390221100
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e-Mail: vmvsr@rediffmail.com
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http://pdicai.org/MyPage/203038.aspx

http://vmvsraoco.icai.org.in/

Member- IT Committee of SIRC of ICAI

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