banner_ad

Reopening of case u/s.263

This query is : Resolved 

06 July 2011 Can an order passed by ITO u/s143(3)by disallowing certain expenses be reopened by the CIT by adding back bad debts which was allowed or not considered by ITO in his earlier order?
Can CIT pass an order u/s 263 by introducing his own grounds & dissallowing bad debts which was earlier not yet considered by ITO in his order?

09 July 2011 Yes. The CIT is vested with the powers to revise any order of his subordinates provided the twin conditions are satisfied.Hence from the facts narrated it appears that the CIT can do.


siva208@yahoo.com


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details