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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Revision u/s 263 - failure of AO to not referring the matter to ...

Case Laws     Income Tax

July 20, 2019

Revision u/s 263 - failure of AO to not referring the matter to the DVO for valuation of construction work - when the AO has taken a broad view by accepting the cost of fixed assets as recorded in the books of account and supported by the valuation report, then the order of the AO cannot be held to be erroneous on the ground of lack of enquiry

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