https://www.taxtmi.com/highlights?id=42091 Revision u/s 263 - The word ‘may’ used in Section 263 should be presumed to be shall or otherwise interpreting the word “may” as not mandatory, orders can be passed even without affording an opportunity to the assessee of being heard while the Commissioner exercises his jurisdiction u/s 263 thereby violating the principles of natural justice. en-us Wed, 17 Oct 2018 07:44:14 +0530 Wed, 17 Oct 2018 07:44:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=42091 Revision u/s 263 - The word ‘may’ used in Section 263 should be presumed to be shall or otherwise interpreting the word “may” as not mandatory, orders can be passed even without affording an opportunity to the assessee of being heard while the Commissioner exercises his jurisdiction u/s 263 thereby violating the principles of natural justice. Highlights Income Tax Wed, 17 Oct 2018 07:44:14 +0530 https://www.taxtmi.com/highlights?id=42091