https://www.taxtmi.com/highlights?id=47522 Revision u/s 263 - in original assessment AO estimated net profit @ 7% which was reduced by CIT(A) @ 5% - It is not in dispute that issue on which the remand order was passed in purported exercise of powers vested in the CIT u/s 263 i.e. unsecured loans/creditors, was not a subject matter of appeal - revision justified en-us Fri, 28 Jun 2019 07:09:33 +0530 Fri, 28 Jun 2019 07:09:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47522 Revision u/s 263 - in original assessment AO estimated net profit @ 7% which was reduced by CIT(A) @ 5% - It is not in dispute that issue on which the remand order was passed in purported exercise of powers vested in the CIT u/s 263 i.e. unsecured loans/creditors, was not a subject matter of appeal - revision justified Highlights Income Tax Fri, 28 Jun 2019 07:09:33 +0530 https://www.taxtmi.com/highlights?id=47522