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Income Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Revision u/s 263 - there was no allegation by the Ld. revenue ...

Income Tax

July 15, 2020

Revision u/s 263 - there was no allegation by the Ld. revenue authorities that the evidences produced were fictitious or invented, thus accepted the authenticity of the same. Such an order cannot be called erroneous and prejudicial to interests of revenue only because the A.O. made the assessment without discussing such details therein.

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