Income TaxIf two views are possible and AO has adopted one view, CIT cannot presume that “it is prejudicial to the revenue”13 Jan 20220If two views are possible and AO has adopted one view, CIT cannot presume that “it is prejudicial to the revenue”…
Income TaxOnce it is established that order u/s 263 was made/passed within 2 years, such an order could not be said to be beyond the period of limitation prescribed u/s 263(2).9 Nov 20210Once it is established that order u/s 263 was made/passed within 2 years, such an order could not be said…