TMI BlogRevision u/s 263 - claiming business expenditure while claiming standard deduction in the rental income...Revision u/s 263 - claiming business expenditure while claiming standard deduction in the rental income - No doubt assessee has claimed the voluntary expenditure under the head income from business. - However, the relevant expenditure was voluntarily disallowed while computing the income from business and the expenditures which are relevant for the business expenditure were claimed. - Revision proceedings not valid - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
