The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a revision order passed by the Principal Commissioner of Income Tax (Central), Delhi, under Section 263 of the Income Tax Act, holding that such revision was invalid where the original assessment had been completed after obtaining mandatory statutory approval under Section 153D. The…
S. 263 Can’t Override Valid Approval Under S. 153D: ITAT Quashes PCIT’s Revision Order
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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