2010 (7) TMI 641 - ITAT JAIPUR - Income Tax

Head Note / Extract:
Revision - the record was examined and after examination of record it was considered a prima facie case of order deserving revision under section 263 of the Act - It is not necessary that Assessing Officer should write a lengthy order discussing all the details filed on behalf of the assessee, but the necessity is that Assessing Officer should have applied his mind - The Assessing Officer has mentioned that various details were filed and were test checked - This fact is also mentioned in the order of Assessing Officer that assessment for claiming deduction under section 10B which is in line with deduction in the past and accordingly the same was allowed - Decided in the favour of the assessee