Revision of Order By Principal Commissioner or Commissioner under section 263 & section 264
Author: Ram Dutt Sharma
Year: May 2022.
Part E of Chapter XX of Income Tax Act, 1961 gives revisionary powers to the Principal Commissioner or Commissioner of Income Tax. The Revisionary powers given to Principal Commissioner or Commissioner are of two types. (I) Under Section 263 – Orders prejudicial to the revenue; and (ii) Under Section 264 – Orders other than Section 263.
The Book attempts to explore the lesser explored section 264 empowering the Principal Commissioner or Commissioner to review an order of a subordinate authority. The Book aims to simplify the understanding of the complex subject written in a unique, simple, easy to understand language. Each chapter is explained with the help of latest case law to understand the concept. The Book provides the readers with Chapter-wise Study given in the beginning of each chapter to enable to make a systematic study of the law & User-friendly.