Tag: CIT cannot substitute the possible view taken by the AO while exercising revisionary power u/s 263

CIT cannot substitute the possible view taken by the AO while exercising revisionary power u/s 263 ITAT AHMEDABAD SAKET M. JAIN (HUF) VERSUS THE PR. COMMISSIONER OF INCOME TAX-2, AHMEDABAD.  ITA No. 579/AHD/2019 Short Overview of the case:  It was a case of Revision ...