Appellate Decisions in Income Tax Cases Cannot Be Revised u/s 263; Must Be Challenged in Higher Forums.

Appellate Decisions in Income Tax Cases Cannot Be Revised u/s 263; Must Be Challenged in Higher Forums. https://www.taxtmi.com/highlights?id=44844 Revision u/s 263 - Issue considered and decided in appeal by appellate authorities, such matters cannot be subject to revision u/s 263. Rationale behind exclusion of such orders from purview of section 263 is that, if CIT (A) decides issue against revenue, revenue has right to challenge it before higher appellate forum. en-us Sat, 02 Mar 2019 13:44:07 +0530 Sat, 02 Mar 2019 13:44:07 +0530 TaxTMI RSS Generator Appellate Decisions in Income Tax Cases Cannot Be Revised u/s 263; Must Be Challenged in Higher Forums. https://www.taxtmi.com/highlights?id=44844 Revision u/s 263 - Issue considered and decided in appeal by appellate authorities, such matters cannot be subject to revision u/s 263. Rationale behind exclusion of such orders from purview of section 263 is that, if CIT (A) decides issue against revenue, revenue has right to challenge it before higher appellate forum. Highlights Income Tax Sat, 02 Mar 2019 13:44:07 +0530 https://www.taxtmi.com/highlights?id=44844