Revision u/s 263 - forward contract receivable shown under short ...

Section 263 Review: AO's Acceptance of Forward Contract Receivables as Short-Term Loans Deemed Erroneous, Revenue Impacted.

April 26, 2023

Case Laws Income Tax AT

Revision u/s 263 - forward contract receivable shown under short term loans and advances - AO, without examining, simply accepted the explanation of the assessee, which is erroneous and prejudicial to the interest of the Revenue. - AT

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Revision u/s 263 - forward contract receivable shown under short ...

Section 263 Review: AO's Acceptance of Forward Contract Receivables as Short-Term Loans Deemed Erroneous, Revenue Impacted.

April 26, 2023

Case Laws Income Tax AT

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