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264 views • Question added Jan 03, 2012 • Income Tax • By CA VIPIN GARG , CA , New Delhi


Dear Expert, please answer the following URGENT QUERY PLEASE :-

Can the AO review and reduce his own assessment order passed u/s 144 ? Under what section can this be done ???

2 Answers

answered Feb 21, 2012 by Mrattunjay , New Delhi

only in special case whr identify by any officer in deptt in same sec/ 154


answered Mar 01, 2012 by Ketan Samdani , V V Nagar

The power to review one's order not only available to AO. in such cases the AO shall approach the CIT if the order is prejudical to interest of revenue. In case the order is prejudical to interest of assessee they can appeal against the said order or approach CIT for revision.


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