Revision u/s 263 by CIT - Merely because the AO did not write ...

Case Laws Income Tax

December 21, 2022

Revision u/s 263 by CIT - Merely because the AO did not write specific reasons for accepting the explanation of the assessee cannot be reason enough to invoke powers under section 263, and non-mentioning of these reasons do not render the assessment order "erroneous and prejudicial to the interest of the revenue". - AT

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Revision u/s 263 by CIT - Merely because the AO did not write ...

Case Laws Income Tax

December 21, 2022

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