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Income Tax - Highlights / Catch Notes

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Revision u/s 263 - PCIT was of the view that AO has not made any ...

Income Tax

March 20, 2023

Revision u/s 263 - PCIT was of the view that AO has not made any enquiry with regard to the (1) interest on non-performing assets (2) deferred payment receipt on guarantee commission - t the assessee is a nationalized bank and there is no question of assessee investing in perpetual bonds other than for banking businesses. - Revision order quashed - AT

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