GUALA CLOSURES (INDIA) PVT. LTD.,PANAJI vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX, PANAJI., SELECT CITY
Appeal is dismissed in above terms
ITA 205/PAN/2019[2012-13]Status: DisposedITAT Panaji13 Oct 2023AY 2012-13
Bench: Shri Satbeer Singh Godara & Dr. Dipak Ripote
For Appellant: Shri Ketan VedFor Respondent: Shri P.S. Shivshankar, CIT-DR
Section 143(3)Section 144(3)Section 144CSection 253Section 263Section 4
253 of the Act without appreciating that section 263 proceedings cannot be exercised where two views are possible and one of the views has been adopted by the Assessing Officer.
3. The Hon'ble Pr. CIT erred in passing the order under section 263 of the Act even though theassessment order under section 143(3) r.w.s. 144C dated
30
November
