Relief to Aishwarya Rai Bachchan: Revisional Jurisdiction cannot be invoked on ground of an Invalid Re-Assessment by AO, says ITAT [Read Order]

In a Relief to Aishwarya Rai Bachchan, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the Commissioner of Income Tax cannot invoke his revisional jurisdiction under section 263 of the Income Tax Act, 1961 merely on ground of an invalid re-assessment order passed by the Assessing Officer. In the instant […]
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