This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
PCIT cannot revise Invalid Reassessment Proceedings
Case Law Details
- Case Name
- M/s. Charbhuja Marmo (India) Pvt. Ltd. Vs PCIT (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2010-2011
- Courts
- All ITAT, ITAT Delhi
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
M/s. Charbhuja Marmo (India) Pvt. Ltd. Vs PCIT (ITAT Delhi)
Invalid Reassessment Proceedings can not be Revised Under Section 263 by PCIT
It is well settled Law that since re-assessment proceedings are invalid and bad in law, therefore, such proceedings could not be revised under section 263 of the I.T. Act. It is also well settled Law that validity of the re-assessment proceedings are to be judged on the basis of the reasons recorded for reopening of the assessment. It is also settled Law that while granting sanction under section 151 of the I.T. Act to the reasons and reopen...
Author Info
