Section 263 of Income Tax Act: Redundancy in Cases of Clerical Errors Argued Before Principal Commissioner of Income Tax.

Section 263 of Income Tax Act: Redundancy in Cases of Clerical Errors Argued Before Principal Commissioner of Income Tax. https://www.taxtmi.com/highlights?id=40025 Revision u/s 263 - Provisions u/s 263 of the Act becomes redundant, if it is not invoked in such type of cases like the present one where the assessee pleads before the Pr. CIT that there were certain inadvertent clerical error of purchase and sale including quantitative details. en-us Thu, 21 Jun 2018 06:24:39 +0530 Thu, 21 Jun 2018 06:24:39 +0530 TaxTMI RSS Generator Section 263 of Income Tax Act: Redundancy in Cases of Clerical Errors Argued Before Principal Commissioner of Income Tax. https://www.taxtmi.com/highlights?id=40025 Revision u/s 263 - Provisions u/s 263 of the Act becomes redundant, if it is not invoked in such type of cases like the present one where the assessee pleads before the Pr. CIT that there were certain inadvertent clerical error of purchase and sale including quantitative details. Highlights Income Tax Thu, 21 Jun 2018 06:24:39 +0530 https://www.taxtmi.com/highlights?id=40025