Revision u/s 263 - assessee has not accounted for interest ...

CIT Lacks Authority to Revise AO's Decision on Unaccounted Interest Income u/s 263.

November 10, 2018

Case Laws Income Tax AT

Revision u/s 263 - assessee has not accounted for interest income in the books of account on advance to IAL - Since the AO has considered the issue and applied his mind before passing the assessment order, CIT is not empowered to revise the order u/s 263.

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Revision u/s 263 - assessee has not accounted for interest ...

CIT Lacks Authority to Revise AO's Decision on Unaccounted Interest Income u/s 263.

November 10, 2018

Case Laws Income Tax AT

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