Assessing Officer's Discretion in Investigation Can't Be Revised by Pr. CIT u/s 263 for Inadequate Enquiry.

Assessing Officer's Discretion in Investigation Can't Be Revised by Pr. CIT u/s 263 for Inadequate Enquiry. https://www.taxtmi.com/highlights?id=53839 Revision u/s 263 - The type, nature and extent of investigation is the prerogative of the Assessing Officer. Pr. CIT, cannot, in our view, invoke his power u/s 263 for revising an order passed u/s 143(3) of the Act for the reason that in his view, the investigation/enquiry should be conducted in a particular manner or to a particular extent. Inadequate enquiry cannot be a ground of revision. en-us Fri, 26 Jun 2020 09:16:57 +0530 Fri, 26 Jun 2020 09:16:57 +0530 TaxTMI RSS Generator Assessing Officer's Discretion in Investigation Can't Be Revised by Pr. CIT u/s 263 for Inadequate Enquiry. https://www.taxtmi.com/highlights?id=53839 Revision u/s 263 - The type, nature and extent of investigation is the prerogative of the Assessing Officer. Pr. CIT, cannot, in our view, invoke his power u/s 263 for revising an order passed u/s 143(3) of the Act for the reason that in his view, the investigation/enquiry should be conducted in a particular manner or to a particular extent. Inadequate enquiry cannot be a ground of revision. Highlights Income Tax Fri, 26 Jun 2020 09:16:57 +0530 https://www.taxtmi.com/highlights?id=53839