https://www.taxtmi.com/highlights?id=33686 Revision u/s 263 - addition u/s 14A - the assessee had erred on the revenue side and offered more amount of disallowance u/s 14A of the Act which has been accepted by the ld AO - it had only caused prejudice to the interest of the assessee. Hence, the dual conditions stipulated in section 263 of the Act are not satisfied cumulatively. - AT en-us Fri, 10 Mar 2017 06:20:02 +0530 Fri, 10 Mar 2017 06:20:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33686 Revision u/s 263 - addition u/s 14A - the assessee had erred on the revenue side and offered more amount of disallowance u/s 14A of the Act which has been accepted by the ld AO - it had only caused prejudice to the interest of the assessee. Hence, the dual conditions stipulated in section 263 of the Act are not satisfied cumulatively. - AT Highlights Income Tax Fri, 10 Mar 2017 06:20:02 +0530 https://www.taxtmi.com/highlights?id=33686