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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Revision u/s 263 - the action of the AO accepting the capital ...

Case Laws     Income Tax

February 28, 2017

Revision u/s 263 - the action of the AO accepting the capital gain declared by the assessee as such cannot be faulted per se. The view of the AO on the issue is clearly a plausible view which in our view cannot be toppled and substituted by the opinion of the CIT in this regard - AT

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