Revision u/s 263 - addition u/s 68 - in the present case the ...

Case Laws Income Tax

June 11, 2019

Revision u/s 263 - addition u/s 68 - in the present case the investor companies are not paper/shell companies and AO has invoked proper and sufficient enquiries by issuing notices u/s 133(6) which are duly complied with - the source of source of investment has been established by the assessee - Pr.CIT cannot invoke powers to substitute the view taken by the AO merely on the basis of the presumption

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Revision u/s 263 - addition u/s 68 - in the present case the ...

Case Laws Income Tax

June 11, 2019

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