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ITAT Rules Section 263 Unsustainable in Refunded Advance Transaction Case
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ITAT Rules Section 263 Unsustainable in Refunded Advance Transaction Case
ITAT Rules Section 263 Unsustainable in Refunded Advance Transaction Case The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) quashed a revision order passed under Section 263 of the Income Tax Act, holding that the Principal Commissioner of Income Tax (PCIT) was not justified in treating the assessment order as erroneous and prejudicial to […]
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