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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Revision of order of AO u/s 264 in favor of assessee - ...


High Court Rules Commissioners Must Correct Assessments to Reflect Retrospective Amendments u/s 264.

December 27, 2014

Case Laws     Income Tax     HC

Revision of order of AO u/s 264 in favor of assessee - Retrospective amendment to be considered or not - Commissioner is not only entitled but is duty bound to correct the assessment in revision - HC

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