Validity of Revision u/s 263 - Even on cursor perusal of the ...

Case Laws Income Tax

August 22, 2023

Validity of Revision u/s 263 - Even on cursor perusal of the reply filed by the assessee would show that the assessee has offered the incomes in the line with the order passed by the Regulatory Authority. - In regard to the issue of subsidy also, the assessee has categorically mentioned that it has been following AS-12 and that net of the subsidy has been offered to tax. - Revision order set aside - AT

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Validity of Revision u/s 263 - Even on cursor perusal of the ...

Case Laws Income Tax

August 22, 2023

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