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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Revision u/s 263 - Claim of interest - bifurcation of the ...

Case Laws     Income Tax

January 1, 2020

Revision u/s 263 - Claim of interest - bifurcation of the interest expense between pre and post business commencement period - AO did not examine the issue in the manner in which it was expected from him in this regard and, therefore, the impugned action u/s 263 of the Act is entirely justified.

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