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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Scope of revision u/s 263 - when the claim of the assessee is ...

Income Tax

February 6, 2015

Scope of revision u/s 263 - when the claim of the assessee is not allowable and there is no possibility of two views, then allowing the claim by the Assessing Officer without examining and application of mind would definitely render the assessment order erroneous so far as prejudicial to the interest of revenue - AT

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