Revision u/s 263 - cash expenditure , prior period expenses, ...

Case Laws Income Tax

May 17, 2019

Revision u/s 263 - cash expenditure , prior period expenses, provisions for incentive etc. - CIT has not exercised jurisdiction u/s 263 on the ground of ‘no enquiry’ or ‘lack of enquiry’ made by the AO but on conclusions drawn by the AO in allowing expenditure set out in the SCN u/s 263 ought not to have been allowed as deduction - jurisdiction validly invoked

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Revision u/s 263 - cash expenditure , prior period expenses, ...

Case Laws Income Tax

May 17, 2019

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ALLOWABILITY OF PRIOR PERIOD EXPENSES - Article

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