Consequential order passed beyond terms of remand by Commissioner u/s. 263 not justified

Manjoo And Company Vs ACIT (Kerala High Court)

Kerala High Court held that passing of consequential order by the Assessing Authority beyond the terms of remand by Commissioner under Section 263 of the Income Tax Act is wholly unacceptable. Accordingly, order set aside.

Facts- The appellant is a dealer in lottery tickets. The assessment of the appellant for the assessment year 2006-­07 was completed u/s. 143(3) of the I.T. Act on 29.12.2008. Thereafter, the Commissioner of Income Tax initiated proceedings u/s. 263 of the I.T. Act by issuing a notice dated 07

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