Anand Lilaram Raisinghani vs Principal Commissioner Of Income Tax
Whether revisional jurisdiction u/s 263 was validly invoked by the Principal Commissioner of Income Tax (PCIT) --- Held Yes, but with modifications. Whether the assessment order was erroneous and prejudicial to revenue due to lack of inquiry on unsecured loans, applicability of Sec. 2(22)(e), TDS credit, and professional tax under Sec. 43B --- Held Partly, with specific directions.
š Direct Access Blocked
For your security and to prevent unauthorized automated access, individual judgment links cannot be opened directly. Please access this content via Google Search or the TaxPundit Search Portal.