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

Differences between the judiciary and executive are part of democracy; should not be termed 'confrontation': Union Law Minister Kiren Rijiju

Differences between the judiciary and executive are part of democracy; should not be termed ‘confrontation’: Union Law Minister Kiren Rijiju.

According to Rijiju, “some elements” do not want to see India advance, so they are attempting to portray a conflict between the judiciary and the executive. Law minister Rijiju Differences between the executive and judicial branches are inherent to democracy and shouldn’t be characterized as “confrontation,” according to Union Law Read more

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