Clarifying "Prejudicial to Revenue" in Section 263: Not All Revenue Losses Warrant Revision of AO's Orders. https://www.taxtmi.com/highlights?id=6946 Revision u/s 263 - phrase ‘prejudicial to the interest of the revenue’ - every loss of revenue as a consequence of an order of AO cannot be treated as prejudicial to the interest of revenue - AT en-us Mon, 25 Feb 2013 15:02:17 +0530 Mon, 25 Feb 2013 15:02:17 +0530 TaxTMI RSS Generator Clarifying "Prejudicial to Revenue" in Section 263: Not All Revenue Losses Warrant Revision of AO's Orders. https://www.taxtmi.com/highlights?id=6946 Revision u/s 263 - phrase ‘prejudicial to the interest of the revenue’ - every loss of revenue as a consequence of an order of AO cannot be treated as prejudicial to the interest of revenue - AT Highlights Income Tax Mon, 25 Feb 2013 15:02:17 +0530 https://www.taxtmi.com/highlights?id=6946