S. 263 – AO’s acceptance of Jurisdictional HC Law may be ‘erroneous & prejudicial

INCOME TAX APPELLATE TRIBUNAL, MUMBAI Star India Limited Vs. Additional Commissioner of Income Tax ITA No. 7476/Mum/07 and 3201/Mum/10, Assessment year: 2003- 04 Additional Commissioner of Income Tax Vs. Star India Limited    ITA No. 3315/Mum/2010 , Assessment year 2003- 04 Date of pronouncement : November 30, 2011 O R D E R Per Pramod Kumar: 1. These three pertain to the same assessee. While in one appeal, the assessee has challenged correctness of the revision order dated 19th October 2007, passed by the learned CIT under section 263 r.w.s. 143(3) of the Income Tax A...