Revision u/s 263 - Assessee is entitled for deduction u/s 54 ...

Income Tax

September 16, 2020

Revision u/s 263 - Assessee is entitled for deduction u/s 54 since there is transfer of residential house property as observed hereinabove and for this part of the appeal, the assessee succeeds. Regarding the deduction claimed u/s 54EC assessee has not made the investment within stipulated time and this fact was also not examined by the AO - Revision order sustained on this issue. - AT

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Revision u/s 263 - Assessee is entitled for deduction u/s 54 ...

Income Tax

September 16, 2020

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