Section 264
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 February 2014
When does section 264 of the Income Tax Act become applicable? what are conditions required to be fulfilled to file a revision of order under section 264?
17 February 2014
264 applies to all the orders that are not covered under 263. the conditions are:
1. it should not be covered under 263
2. not more than a year should have passed from the date of the order.
However, Commissioner has the option of relaxing the time bar in case there exist sufficient reason for the delay
1. it should not be covered under 263
2. not more than a year should have passed from the date of the order.
However, Commissioner has the option of relaxing the time bar in case there exist sufficient reason for the delay
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Rent lease agreement
- Merchant Export Accounting
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
