Revision u/s 263 - Cash deposits in the form of old currency ...

Section 263 Review: Assessment Order u/s 143(3) Found Flawed Due to Insufficient Verification of Demonetization Deposits.

October 23, 2023

Case Laws Income Tax AT

Revision u/s 263 - Cash deposits in the form of old currency notes in bank account on a single day during demonetization period - Since the AO has not examined the documentary evidences in respect of this issue and has not conducted the requisite verification due to which the assessment order u/s 143(3) of the I.T. Act is found to be erroneous in so far it is prejudicial to the interest of revenue. - AT

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Revision u/s 263 - Cash deposits in the form of old currency ...

Section 263 Review: Assessment Order u/s 143(3) Found Flawed Due to Insufficient Verification of Demonetization Deposits.

October 23, 2023

Case Laws Income Tax AT

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