https://www.taxtmi.com/highlights?id=59941 Revision u/s 263 - as per CIT assessment framed by the AO under section 143(3) read with section 147 of the Act as erroneous insofar prejudicial to the interest of Revenue - the learned principal CIT cannot held the order under section 147 r.w.s. 143(3) for non-enquiry of share capital which was not the part of the proceeding. If he wanted to do so then he has to revise the order under section 143(1) of the Act as the case may be. - AT en-us Mon, 04 Oct 2021 18:26:47 +0530 Mon, 04 Oct 2021 18:26:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=59941 Revision u/s 263 - as per CIT assessment framed by the AO under section 143(3) read with section 147 of the Act as erroneous insofar prejudicial to the interest of Revenue - the learned principal CIT cannot held the order under section 147 r.w.s. 143(3) for non-enquiry of share capital which was not the part of the proceeding. If he wanted to do so then he has to revise the order under section 143(1) of the Act as the case may be. - AT Highlights Income Tax Mon, 04 Oct 2021 18:26:47 +0530 https://www.taxtmi.com/highlights?id=59941