Income Tax Appeal u/s 260A Dismissed for Lack of Perversity in Tribunal’s Finding: Allahabad HC

PCIT, Bareilly, UP Vs Dharam Singh (Allahabad High Court)

Allahabad High Court held that appeal u/s. 260A of the Income Tax Act is not sustainable since there is no perversity in finding of the Tribunal and accordingly there exists no substantial question of law. Accordingly, appeal dismissed.

Facts- The assessment order was completed by the Assessing Officer u/s. 143(3) of the Act. Subsequently, the Principal Commissioner of Income Tax exercised his jurisdiction u/s. 263 of the Act and revised the order passed by AO on the ground that the assessment carried

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