Sec 263
This query is : Resolved
25 November 2011
I would like to know whether the CIT can issue notice u/s 263 of I.T. Act on the basis of audit query of the depatment?
27 November 2011
Since the CIT did not exercise upon his judgement, such notice are liable to be quashed before a court of law.
Citation:-
Jeewanlal Ltd Vs. ACIT [1977] 108 ITR 407 [Cal].
Citation:-
Jeewanlal Ltd Vs. ACIT [1977] 108 ITR 407 [Cal].
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS applicability in case of software payments to a foreign company
- Taxability with reference to DTAA
- Residential Status of Assessee
- Fixed Deposit through NRO Account
- Capital gains -1
- Income Tax Slab Rate and 87A Rebate
- Regarding TDS 194Q w.e.f 1 April 2025
- Slight spelling change in PAN Surname
- Clarification on Cost of Acquisition and Capital Gains Tax Treatment for Tata Chemicals
- Capital Gain on sale of Listed Equity Shares
- Non filling of GST return
- RATE OF GST ON STOCK TRANSFERR
- REGARDING TDS TCS...
- Rate of GST On Stock Transfering
- Writing on the bill while release payment
- PAN Allotement
- Shifting from Regular to Composition
- TDS ON OTA Commission
- GST INVOICE RAISED BY THE FRADULENT COMPANY WITHOUT THE KNOWLEDGE OF THE OTHER PARTY
- First Auditor was not appointed till 9 months
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
