Revision u/s 263 - depreciation on the residential properties - ...

Case Laws Income Tax

October 15, 2020

Revision u/s 263 - depreciation on the residential properties - Where the factual scenario of a case prima facie shows the description of property as residential and cry for looking deep into it in terms of actual usage for the purposes of business, then a mere collection of registry document and keeping that on record cannot be held as conducting an enquiry. It is a clear case of lack of enquiry on part of the AO - AT

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Revision u/s 263 - depreciation on the residential properties - ...

Case Laws Income Tax

October 15, 2020

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