https://www.taxtmi.com/caselaws?id=377433 The Tribunal overturned the revision order by the CIT under Section 263, ruling in favor of the assessee. It held that the Assessing Officer properly scrutinized and allowed the deduction under Section 80IA for an Industrial Park development. Additionally, the Tribunal found that the AO correctly accepted the assessee's claims regarding exempt income from mutual funds and specified domestic transactions, concluding that the AO had conducted thorough investigations and verifications. The Tribunal determined no error or detriment to revenue interests in the AO's assessment. en-us Tue, 26 Mar 2019 00:00:00 +0530 Fri, 10 Apr 2026 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377433 The Tribunal overturned the revision order by the CIT under Section 263, ruling in favor of the assessee. It held that the Assessing Officer properly scrutinized and allowed the deduction under Section 80IA for an Industrial Park development. Additionally, the Tribunal found that the AO correctly accepted the assessee's claims regarding exempt income from mutual funds and specified domestic transactions, concluding that the AO had conducted thorough investigations and verifications. The Tribunal determined no error or detriment to revenue interests in the AO's assessment. Case-Laws Income Tax Tue, 26 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377433