This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
S. 263 CIT cannot set aside Assessment order passed after proper examination, inquiry & verification
Case Law Details
- Case Name
- Maya Gupta Vs CIT (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All ITAT, ITAT Delhi
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Issue before tribunal:
Whether CIT can assume jurisdiction u/s 263 on the facts and circumstances of the case.
Whether order of the AO was erroneous and prejudicial to the revenue.
Brief facts:
A search and seizure operation was carried out in Mahesh Mehta group of cases. During the course of search certain documents belonging to the assessee were seized at the residential premises.
On the basis of said documents so seized and after recording satisfaction, proceedings u/s 153C of the Act were initiated and the notice u/s 153C of the Act was issued.
In response to the same, the assessee had ...
