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Income Tax - Highlights / Catch Notes

Home Highlights June 2017 Year 2017 This

Claim for deduction u/s.54 or u/s 54F - , mentioning of the ...


Court Rules in Favor of Taxpayer: Mistake in Deduction Section Does Not Affect Revenue Interests, Vacates Section 263 Order.

June 6, 2017

Case Laws     Income Tax     AT

Claim for deduction u/s.54 or u/s 54F - , mentioning of the wrong section in the return of income while claiming deduction cannot be considered as prejudicial to the interest of the Revenue - order of CIT u/s 263 vacated - AT

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