Revision u/s 263 - AO has adopted one of the courses permissible ...

Case Laws Income Tax

June 19, 2020

Revision u/s 263 - AO has adopted one of the courses permissible in law and even if it has resulted in loss to the revenue, the said decision of the AO cannot be treated as erroneous and prejudicial to the interest of the revenue

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Revision u/s 263 - AO has adopted one of the courses permissible ...

Case Laws Income Tax

June 19, 2020

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Revision u/s 263 - The principal of the law emanating that when two views are legally possible and AO adopts one view the Assessment Order cannot be said to be erroneous...

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Revision u/s 263 by Pr. CIT - claim of deduction u/s 10A(lA) - It remains an undisputed fact that the AO had made adequate enquires for adopting one of permissible view...

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