Regarding set aside
sanjay kumar (Advocate) (179 Points)
16 March 2020
Old let me know, Can CIT set aside u/s 264 of income tax.
sanjay kumar (Advocate) (179 Points)
16 March 2020
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 17 March 2020
NO CIT(A) can not set a side the order but he can decline / refuse to interfere
Important :
1. ITAT has to power to set aside the order
2. Order u/s 264 is not appeal able .
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 17 March 2020
assessee has once in lifetime opportunity to go u/s 264
either go for appeal or revision u/s 264
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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