Revision u/s 263 - Deduction U/s. 35D - effect of omission of ...

Income Tax

July 16, 2019

Revision u/s 263 - Deduction U/s. 35D - effect of omission of word ‘industrial’ by the Finance Act, 2008 w.e.f 1/04/2009 - expenses incurred prior to 1/04/2009 - since assessee has fulfilled all the conditions stipulated under the Act for the residual period, there is no error in the order of the Ld. AO granting deduction - CIT is not right in his rem to invoke the revision provisions

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Revision u/s 263 - Deduction U/s. 35D - effect of omission of ...

Income Tax

July 16, 2019

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