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Income Tax - Highlights / Catch Notes

Home Highlights November 2020 Year 2020 This

Revision u/s 263 - Assessee's claim for deduction u/s 10B - The ...


High Court Revises Assessing Officer's Decision on Assessee's Deduction Claim u/s 10B; Deemed Erroneous and Prejudicial.

November 4, 2020

Case Laws     Income Tax     HC

Revision u/s 263 - Assessee's claim for deduction u/s 10B - The decision of the AO to allow such deduction to the Assessee without making any inquiries whatsoever or rather without addressing the issue in his order, rendered his order quite erroneous and prejudicial to the interests of the Revenue. - HC

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