Revision u/s 263 - addition u/s 14A - the assessee had erred on ...

Income Tax Case: Section 263 Revision Not Justified Due to Mistaken Disallowance u/s 14A by Assessee.

March 10, 2017

Case Laws Income Tax AT

Revision u/s 263 - addition u/s 14A - the assessee had erred on the revenue side and offered more amount of disallowance u/s 14A of the Act which has been accepted by the ld AO - it had only caused prejudice to the interest of the assessee. Hence, the dual conditions stipulated in section 263 of the Act are not satisfied cumulatively. - AT

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Revision u/s 263 - addition u/s 14A - the assessee had erred on ...

Income Tax Case: Section 263 Revision Not Justified Due to Mistaken Disallowance u/s 14A by Assessee.

March 10, 2017

Case Laws Income Tax AT

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