Section 261

Section 261, Section 263

Allahabad H.C : Whether, on the facts and circumstances of the case, the Tribunal was correct in holding that the assessment order passed by the ITO without initiating penalty proceeding under s. 273 for committing breach of s. 212(3A) by the assessee, was not erroneous and prejudicial to the interests of the Revenue within the meaning of s. 263 of the IT Act, 1961?

High Court Of Allahabad CIT vs. Surendra Prasad Agrawal Sections 261, 263, ART. 141 Asst. Year 1977-78 R.K. Agrawal &

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