Revision u/s 263 - default in allowing LTCL by AO - writing off ...

Case Laws Income Tax

April 13, 2020

Revision u/s 263 - default in allowing LTCL by AO - writing off of advances for machinery and claiming the same as long-term capital loss to be carried forward has nothing to do with "note on allowability of provision written back". - there is enquiry and application of mind by the assessing officer is not all sustainable - Revision order confirmed - AT

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Revision u/s 263 - default in allowing LTCL by AO - writing off ...

Case Laws Income Tax

April 13, 2020

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