Satisfaction of Twin condition (i) an error prejudicial to the interests of the Revenue and (ii) lack of proper inquiry by the Assessing Officer must for invoking revisionary power under section 263 In a recent decision, the Hon’ble Delhi Bench of Income Tax Appellate Tribunal (ITAT), has quashed the revisionary order passed by the…
The post Satisfaction of Twin condition (i) an error prejudicial to the interests of the Revenue and (ii) lack of proper inquiry by the Assessing Officer must for invoking revisionary power under section 263 appeared first on The Tax Talk.
