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2021 (9) TMI 160 - ITAT AHMEDABADRevision u/s 263 - deduction u/s. 80P(2) - case was subject to scrutiny assessment and order u/s. 143(3) finalized - CIT held that assessment order passed was erroneous and prejudicial to the interest of revenue since the Assessing Officer has failed to carry out enquiries/verification in respect of claim of deduction made u/s. 80P(2)(d) - HELD THAT:- AO has categorically made specific verification on the impugned issue of claim of deduction u/s. 80P of the Act which was the basis for an action under section 263 - AO has considered the submission and documentary evidences produced by the assessee during the course of assessment proceedings - we consider that order passed under section 263 of the Act is not sustainable in law, therefore, order passed u/s. 263 is quashed - Decided in favour of assessee.
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