Revision u/s 263 - unexplained credits - set off of net loss ...

Section 263 Revision Confirmed: Unexplained Credits, Net Loss Set-Off, and 30% Tax Rate on Cash u/s 68.

August 23, 2018

Case Laws Income Tax AT

Revision u/s 263 - unexplained credits - set off of net loss from capital assets with cash credit - applicable rate of tax @30% u/s 115BBE on unexplained cash u/s 68 - order of revision confirmed since AO has allowed the excess benefit.

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Revision u/s 263 - unexplained credits - set off of net loss ...

Section 263 Revision Confirmed: Unexplained Credits, Net Loss Set-Off, and 30% Tax Rate on Cash u/s 68.

August 23, 2018

Case Laws Income Tax AT

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