MANJIT KRISHAN MALHOTRA vs. PRINCIPAL COMMISSIONER OF INCOME TAX

Appeals are dismissed

Bench: MR. JUSTICE SANJEEV PRAKASH SHARMA,MRS. JUSTICE SUDEEPTI SHARMA

Section 263 (1) of the Act along with explanations 1 and 2 for ready reference. “263(1) The Principal Chief Commissioner or Chief Commissioners or Principal Commissioner or Commissioners may call for and examine the record of any proceedings under this Act, and if he considers that any oder passed therein by the assessing officer or the Transfer Pricing