Revision u/s 263 - AO has totally overlooked that the assessee ...

Taxpayer's Ineligible Deduction u/s 80IB(11) Not Correctable Post-Assessment via Section 154.

January 15, 2024

Case Laws Income Tax AT

Revision u/s 263 - AO has totally overlooked that the assessee is not eligible for deduction u/s. 80IB(11) - The contention of the ld. A.R. that this is a mistake and it should have been rectified u/s. 154 will also not come in picture because the assessee has claimed deduction under the section which is not applicable to the assessee and has not pointed out this mistake at the assessment proceedings or after the assessment order passed. - AT

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Revision u/s 263 - AO has totally overlooked that the assessee ...

Taxpayer's Ineligible Deduction u/s 80IB(11) Not Correctable Post-Assessment via Section 154.

January 15, 2024

Case Laws Income Tax AT

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