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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Revision u/s 263 - mandation for the AO to apply Rule 8 - Rule ...


Rule 8D Application u/s 263 Not Automatic; AO Must Explore Other Measures First Before Applying.

June 30, 2016

Case Laws     Income Tax     AT

Revision u/s 263 - mandation for the AO to apply Rule 8 - Rule 8D is not automatic and can be resorted to by the AO only as a measure of last resort. - Revision order quashed - AT

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