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Income Tax - Highlights / Catch Notes

Home Highlights January 2023 Year 2023 This

Revision u/s 263 - Interestingly, it is a case where the order ...


Pr. CIT Revises AO's Erroneous Order Allowing Unapproved Exemption, Invokes Section 263 for Correction.

January 25, 2023

Case Laws     Income Tax     AT

Revision u/s 263 - Interestingly, it is a case where the order u/s.143(3) dated 15.11.2019 had been held by the Pr. CIT as erroneous on the ground that he had wrongly allowed a claim of exemption which, in fact, had never been so allowed by the A.O. - AT

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