https://www.taxtmi.com/caselaws?id=373175 The Tribunal upheld the revision under Section 263 for unverified advances received from individuals and for land transactions. However, the revision was deemed invalid for issues concerning advances from cooperative societies, interest-free deposits, income tax paid, site expenses, applicability of Section 40(a)(ia), and wealth tax regarding fixed assets. en-us Fri, 16 Nov 2018 00:00:00 +0530 Tue, 08 Jan 2019 10:47:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373175 The Tribunal upheld the revision under Section 263 for unverified advances received from individuals and for land transactions. However, the revision was deemed invalid for issues concerning advances from cooperative societies, interest-free deposits, income tax paid, site expenses, applicability of Section 40(a)(ia), and wealth tax regarding fixed assets. Case-Laws Income Tax Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373175