https://www.taxtmi.com/highlights?id=14845 Revision u/s 263 - ITAT failed to record anywhere that the method, that was adopted by the Assessing Officer to attribute profit of the assessee, is recognised by any law in India. This aspect of the matter goes to the root - revision upheld - HC en-us Tue, 01 Oct 2013 08:58:30 +0530 Tue, 01 Oct 2013 08:58:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=14845 Revision u/s 263 - ITAT failed to record anywhere that the method, that was adopted by the Assessing Officer to attribute profit of the assessee, is recognised by any law in India. This aspect of the matter goes to the root - revision upheld - HC Highlights Income Tax Tue, 01 Oct 2013 08:58:30 +0530 https://www.taxtmi.com/highlights?id=14845