Segment 263 Annual Expense Act | Incorrect Request Of Surveying Official Making Bias Income Is Revisable By CIT : High Court

Segment 263 Annual Expense Act | Incorrect Request Of Surveying Official Making Bias Income Is Revisable By CIT : High Court.

Under Section 263 of the Income Tax Act, the Supreme Court ruled that the Commissioner of Income Tax can exercise revision powers over Assessing Officer orders that harm revenue interests. The Bombay High Court’s ruling that the assessee’s payment to its shareholders in lieu of settlement of litigation in accordance Read more…

Nothing here to interfere with: SC dismisses plea to complete previous recruitment processes which were cancelled after the Agnipath scheme

Nothing here to interfere with: SC dismisses plea to complete previous recruitment processes which were cancelled after the Agnipath scheme.

A bench comprising Chief Justice of India DY Chandrachud, Justice PS Narasimha and JB Pardiwala on Monday dismissed petitions, asking the court to issue orders to complete the recruitment process to the Indian Army and Air Force, which was halted when the AGNIPATH scheme was announced in JUNE 2022. The Read more…