Use Section 263 for Correcting Errors in Income Tax Assessments Instead of Reassessment.

Use Section 263 for Correcting Errors in Income Tax Assessments Instead of Reassessment. https://www.taxtmi.com/highlights?id=36935 Reopening of assessment - if some aspect, vital or important, is overlooked during assessment, per se the remedy are not reassessment, but rather, the corrective jurisdiction under Section 263 - HC en-us Mon, 20 Nov 2017 07:27:32 +0530 Mon, 20 Nov 2017 07:27:32 +0530 TaxTMI RSS Generator Use Section 263 for Correcting Errors in Income Tax Assessments Instead of Reassessment. https://www.taxtmi.com/highlights?id=36935 Reopening of assessment - if some aspect, vital or important, is overlooked during assessment, per se the remedy are not reassessment, but rather, the corrective jurisdiction under Section 263 - HC Highlights Income Tax Mon, 20 Nov 2017 07:27:32 +0530 https://www.taxtmi.com/highlights?id=36935