Dilip Kothari v PCIT (Central) ITA Nos.403 to 405/Bang/2022 In this case there is no dispute about the fact that the impugned order u/s. 263 of the Act has been issued manually and DIN for the order is generated through two separate intimations one bearing the same date as the date of the order u/s.263 […]
SUPREME COURT ON LIMITATION PERIOD UNDER SECTION 263 – CIT V MOHAMMED MEERAN SHAHUL HAMEED
CIT v Mohammed Meeran Shahul Hameed [2021] 131 taxmann.com 94 (SC), [TS-940-SC-2021] – SC holds that date on which revision order was ‘made’ by CIT is relevant for determining the limitation u/s 263(2) and not the date of its receipt by the Assessee. Section 263(2) – “(2) No order shall be made under sub-section (1) […]