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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Revision u/s 263 -opinion of CIT in treating the amount already ...

Case Laws     Income Tax

March 21, 2015

Revision u/s 263 -opinion of CIT in treating the amount already allowed as contingent liability can certainly be considered as change of opinion. On the principles governing the issue of jurisdiction, we cannot uphold the direction of the Ld. CIT - AT

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