Terminal gate verification for transshipment containers shifts to operators, while Customs controls and discrepancy reporting requirements remain mand...
Revision u/s 263 - Allowing other expenses from the House Property Income (Rental income) - apart from the expenditure provided under Chapter (iv) of the Income Tax Act, no other expenditure could be claimed. It is patently erroneous claim at the end of the assessee, which has been accepted by the AO therefore, this CBDT Circular is not attracted in the present case. - Revision order sustained - AT
Revision u/s 263 - Allowing other expenses from the House Property Income (Rental income) - apart from the expenditure provided under Chapter (iv) of the Income Tax Act, no other expenditure could be claimed. It is patently erroneous claim at the end of the assessee, which has been accepted by the AO therefore, this CBDT Circular is not attracted in the present case. - Revision order sustained - AT
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