Revision u/s 263 - AO allowed the claim of carried forward of ...

Case Laws Income Tax

November 7, 2020

Revision u/s 263 - AO allowed the claim of carried forward of losses u/s 72A based on an incorrect assumption of facts - The action of the assessing officer, though prejudicial, can hardly be termed as ‘erroneous’ in so far as the officer has followed the dictum laid down by the Supreme Court - HC

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Revision u/s 263 - AO allowed the claim of carried forward of ...

Case Laws Income Tax

November 7, 2020

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