Revision u/s 263 - benefit of first and second proviso to ...

Case Laws Income Tax

December 13, 2023

Revision u/s 263 - benefit of first and second proviso to Section 56(2)(x)(b) - while accepting returned income considered by Assessing Officer has not committed any error. Therefore, the assessment order cannot be branded as erroneous. Thus, twine condition, for invoking Section 263 of the Act are not met out in the present case - AT

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Revision u/s 263 - benefit of first and second proviso to ...

Case Laws Income Tax

December 13, 2023

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