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2012 (9) TMI 999 - AT - Income TaxRevision u/s 263 - Held that:- There is no material on record to suggest that this issue of inflated expenditure in the final accounts in comparison to the accounts found in the floppy was either considered, verified, examined or adjudicated by the Assessing Officer. In view of the above facts, we do not find any reason to take a divergent view from the view taken by the coordinate bench in the case of Shri Akhtar Hussain Khan [2011 (7) TMI 1204 - ITAT MUMBAI] is the author of the said decision. Hence, following the earlier order of this tribunal, we decide the issue of validity of revision order passed under Section 263 against the assessee and in favour of the revenue.
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