5 results for “section 68”+ Section 14A(2)clear
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Bench: Sh. Vikram Singh Yadav & Sh. Udayan Dasgupta
68, however, Commissioner exercising his revisionary power under section 263 set aside assessment orders directing Assessing Officer to make fresh assessment after conducting detailed enquiry and upon satisfying on genuneness of transaction - Whether order of Commissioner was not based on irrelevant considerations and further in present circumstances, he was not obliged to positively indicate deficiencies in assessment order