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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Revision u/s 263 - Disallowance of genuineness of salary and ...


Section 263 Review: Case Remitted to AO for Verification of Cash Salary, Rent, Wages, and Freight Expenses.

November 9, 2019

Case Laws     Income Tax     HC

Revision u/s 263 - Disallowance of genuineness of salary and other expenses - payment of huge salary in cash - AO passed the order without proper verification is concerned - matter needs to be remitted to the AO only on question of verification of salary, rent and wages and freight expenses incurred by assessee for verification - Order of ITAT modified.

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