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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Revision u/s 263 - it is a case of lack of enquiry particularly ...

Case Laws     Income Tax

January 1, 2019

Revision u/s 263 - it is a case of lack of enquiry particularly on the issue of allowability of the claim under section 57(iii) of the Act. Thus the order of the AO suffers from error so far as it is prejudicial to the interest of the revenue.

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