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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Revision u/s 263 - deduction claimed u/s 80-IC - gain from ...

Case Laws     Income Tax

November 18, 2019

Revision u/s 263 - deduction claimed u/s 80-IC - gain from exchange fluctuation - gain on account of unclaimed balance - nature of Insurance claim and export incentives - the action of Ld. Pr. CIT was without jurisdiction and all subsequent actions are 'null' in the eyes of law - order quashed.

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