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3 orders · Page 1 of 1
The Tribunal held that the PCIT could not invoke Section 263 jurisdiction as no incriminating material was found during search or 153A proceedings to suggest the AO's acceptance of the share valuation was erroneous. The PCIT's view was based on information already on record, not new findings.
The Tribunal held that the PCIT could not invoke Section 263 jurisdiction as no incriminating material was found during search or 153A proceedings to suggest the AO's acceptance of the share valuation was erroneous. The PCIT's view was based on information already on record, not new findings.
The Tribunal held that the PCIT could not invoke Section 263 jurisdiction as no incriminating material was found during search or 153A proceedings to suggest the AO's acceptance of the share valuation was erroneous. The PCIT's view was based on information already on record, not new findings.