S. 263 Revision – Revisional jurisdiction cannot be exercised on the ground that AO should have gone deeper

CIT Vs. Jawahar Bhattacharjee (Gauhati High Court Full Bench) S. 263 Revision – Full Bench of HC Resolves Conflict In Law- S. 263 Jurisdiction can be exercised whenever it is found that the order of assessment was erroneous and prejudicial to the interest of the Revenue We have already referred to judgments of this Court in Rajendra Singh and two Single Bench judgments following the said judgment in Bongaigaon Refinery and Petrochemicals Ltd. and Shyam Sundar Agarwal as also the second Division Bench judgment in Daga Entrade P. Ltd. No doubt, in Rajendra Singh, an observation was made that e...