3 results for “reassessment”+ Revision u/s 263clear
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Bench: K.SOMASHEKAR,UMESH M ADIGA
263 is any order passed under the Act by the Assessing Officer is erroneous insofar as it is prejudicial to the interest of the revenue. Once the order passed by the 36 Assessing Officer gets reopened, there is no order which can be said to be erroneous insofar as it is prejudicial to the interest of the revenue which confers