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Income Tax - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Revision u/s 263 - there is no finding that the GTD activity ...


Court Overturns Tax Revision u/s 263: No Evidence of Misalignment in Society's GTD Activity Expenses.

May 21, 2019

Case Laws     Income Tax     AT

Revision u/s 263 - there is no finding that the GTD activity expenses were not for furtherance of the aims and objects of the assessee society or that the assessment order is erroneous for any reasons to be recorded by the Ld. CIT(E) - it difficult to sustain the impugned order for want of an enquiry to reach such a conclusion

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