Revision u/s 263 - PCIT having accepted the fact that the Ld.AO ...

Case Laws Income Tax

March 5, 2020

Revision u/s 263 - PCIT having accepted the fact that the Ld.AO has examined the issue of suppression of turnover should have confined the scope of his revisional powers to the issue, which he had questioned in his show cause notice, rather than going to the issue of various expenditure, which is not at all a subject matter of proceedings u/s 147 of the I.T.Act, 1961. - AT

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Revision u/s 263 - PCIT having accepted the fact that the Ld.AO ...

Case Laws Income Tax

March 5, 2020

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