Section 263 Order Unsustainable: PCIT’s Action on Inflated Stock Statement Lacks Inquiry

PCIT Vs Dimple Murarka (Orissa High Court)

Introduction: The case of PCIT vs Dimple Murarka in the Orissa High Court is an intriguing legal matter, dealing with the Section 263 order and a challenging situation involving an inflated stock statement. The ruling has several significant aspects, including the tribunal’s reliance on previous Supreme Court and High Court judgments.

Detailed Analysis:

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