| |
| The Tax Publishers2019 TaxPub(DT) 2884 (SC) : (2019) 263 TAXMAN 0672 INCOME TAX ACT, 1961
Section 26 & 263
Where the department preferred SLP to appeal against the judgment of Gujarat High Court in Pr. CIT v. Shree Gayatri Associates [R/ITA No. 270/2018, dt. 3-4-2018] : 2019 TaxPub(DT) 2870 (Guj-HC), whereby the High Court affirmed the order of Tribunal quashing the CIT's revision order having regard to the detailed correspondence between AO and the assessee during the course of assessment proceedings and coming to conclusion that the AO had carried out detailed enquiries which included assessee's on-money transactions the Supreme Court condoned delay and dismissed the SLP.
|
Appeal (Supreme Court) - Special leave petition - Revision under section 263 - AO carried out detailed enquiries including assessee's on-money transactions--Assessment whether erroneous and prejudicial to revenue
Department preferred SLP to appeal against the judgment of Gujarat High Court in Pr. CIT v. Shree Gayatri Associates [R/ITA No. 270/2018, dt. 3-4-2018] : 2019 TaxPub(DT) 2870 (Guj-HC), whereby the High Court affirmed the order of Tribunal quashing the CIT's revision order having regard to the detailed correspondence between AO and the assessee during the course of assessment proceedings and coming to conclusion that the AO had carried out detailed enquiries which included assessee's on-money transactions.Held: The Supreme Court dismissed the SLP.
Affirmed:Pr. CIT v. Shree Gayatri Associates [R/ITA No. 270/2018, dt. 3-4-2018] : 2019 TaxPub(DT) 2870 (Guj-HC).
 SUBSCRIBE FOR FULL CONTENT
|