The time-limit for revision by Commissioner of Income-tax (CIT) under section 264 is

CS Executive · Tax Laws and Practice · PYQS · June 2015
The time-limit for revision by Commissioner of Income-tax (CIT) under section 264 is
(A) 3 Months
(B) 6 Months
(C) One year
(D) Two years.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax

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