Revision order u/s. 263 - CIT(A) was not justified in directing ...
Commissioner Overrules Appeal: Taxpayer's Additional Rs. 20 Lakh Claim Rejected u/s 263, Favoring Revenue Interests.
July 12, 2017
Case Laws Income Tax AT
Revision order u/s. 263 - CIT(A) was not justified in directing additional claim of ₹ 20 lakhs based on the fresh claim by the assessee. The provisions of section 263 of the Act is for the benefit of Revenue and not for assessee.
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