Wednesday, July 2, 2014

[aaykarbhavan] No writ against sec. 263 Show Cause notice if CIT had made revision when order was prejudicial to revenue



No writ against sec. 263 Show Cause notice if CIT had made revision when order was prejudicial to revenue

July 2, 2014[2014] 45 taxmann.com 487 (Madras)
IT: Expression 'resulted into an order prejudicial to interest of revenue', in order of Commissioner was sufficient for invoking power under section 263 and assessee ought not to have approached writ court at stage of show-cause notice
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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