Revision u/s 263 by CIT - CIT observed that, unexplained cash ...
Case Laws Income Tax
July 13, 2023
Revision u/s 263 by CIT - CIT observed that, unexplained cash credit u/s. 68 and additional depreciation claimed on railway siding not considered by AO which leads to under reporting of income - A.O while framing the assessment had not called for any confirmation letter for the outstanding liabilities under consideration. - Revision order sustained - AT
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