https://www.taxtmi.com/highlights?id=46430 Revision u/s 263 - the eligibility of deduction u/s 54B in respect of land acquired prior to transfer of capital asset is clearly opposed to the plain provision of the Act - claim of deduction accepted by the AO is erroneous - Such error on the part of the AO has caused definite prejudice to the interest of the Revenue - revision justified en-us Sat, 11 May 2019 07:27:40 +0530 Sat, 11 May 2019 07:27:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46430 Revision u/s 263 - the eligibility of deduction u/s 54B in respect of land acquired prior to transfer of capital asset is clearly opposed to the plain provision of the Act - claim of deduction accepted by the AO is erroneous - Such error on the part of the AO has caused definite prejudice to the interest of the Revenue - revision justified Highlights Income Tax Sat, 11 May 2019 07:27:40 +0530 https://www.taxtmi.com/highlights?id=46430