https://www.taxtmi.com/highlights?id=42575 Revision u/s 263 - assessee has not accounted for interest income in the books of account on advance to IAL - Since the AO has considered the issue and applied his mind before passing the assessment order, CIT is not empowered to revise the order u/s 263. en-us Sat, 10 Nov 2018 13:03:04 +0530 Sat, 10 Nov 2018 13:04:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=42575 Revision u/s 263 - assessee has not accounted for interest income in the books of account on advance to IAL - Since the AO has considered the issue and applied his mind before passing the assessment order, CIT is not empowered to revise the order u/s 263. Highlights Income Tax Sat, 10 Nov 2018 13:03:04 +0530 https://www.taxtmi.com/highlights?id=42575