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Income Tax - Highlights / Catch Notes

Home Highlights September 2021 Year 2021 This

Revision u/s 263 - the issue was duly considered by Ld. AO after ...

Case Laws     Income Tax

September 9, 2021

Revision u/s 263 - the issue was duly considered by Ld. AO after considering assessee’s detailed submissions. The view could not be said to be unsustainable view and it was one of the possible view - we find that the subject matter of proposed revision was already deliberated upon by Ld. AO and a possible was taken in the matter - assessment order could not be subjected to revision u/s 263 - AT

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