https://www.taxtmi.com/highlights?id=65919 Revision u/s 263 - In terms of Section 263 of the Act, the PCIT is empowered to invoke the power if, in his opinion, the assessment order is erroneous in so far as it is prejudicial to the interest of revenue. However, before doing so he is required to give the assessee an opportunity of being heard and after making enquiry or causing to be made such enquiry as he deems necessary, pass an order under the said provision. - HC en-us Mon, 03 Oct 2022 09:58:11 +0530 Mon, 03 Oct 2022 09:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65919 Revision u/s 263 - In terms of Section 263 of the Act, the PCIT is empowered to invoke the power if, in his opinion, the assessment order is erroneous in so far as it is prejudicial to the interest of revenue. However, before doing so he is required to give the assessee an opportunity of being heard and after making enquiry or causing to be made such enquiry as he deems necessary, pass an order under the said provision. - HC Highlights Income Tax Mon, 03 Oct 2022 09:58:11 +0530 https://www.taxtmi.com/highlights?id=65919