TMI BlogRevision u/s 263 by CIT - difference in guidelines value for plots purchase - Find no merit in this...Revision u/s 263 by CIT - difference in guidelines value for plots purchase - Find no merit in this contention of assessee because books of account are not maintained, no such details were ever filed during the course of assessment proceedings. Assessee has himself declared the income on estimated basis. Even AO has also estimated the income on estimated basis so all expenditures if any incurred for the business are deemed to have been allowed. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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