Revision u/s 263 - the eligibility of deduction u/s 54B in ...

Income Tax

May 11, 2019

Revision u/s 263 - the eligibility of deduction u/s 54B in respect of land acquired prior to transfer of capital asset is clearly opposed to the plain provision of the Act - claim of deduction accepted by the AO is erroneous - Such error on the part of the AO has caused definite prejudice to the interest of the Revenue - revision justified

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Revision u/s 263 - the eligibility of deduction u/s 54B in ...

Income Tax

May 11, 2019

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