Principal CIT Exceeded Authority by Revising AO's Order; AO Followed Tribunal's Directions u/ss 143(3) and 254.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Revision u/s 263 - AO was bound to follow the direction given by the Tribunal while passing order in u/s 143(3) r.w.s 254 and not permitted to deal with any other issue as it would have resulted in judicial indiscipline, accordingly, only tested the genuineness of the five sundry creditors, such order cannot be termed as erroneous - Pr. CIT exceeded the jurisdiction by invoking the powers u/s 263....