https://www.taxtmi.com/caselaws?id=396700 The Tribunal held that the revision order under Section 263 of the Income Tax Act was invalid as the issue was already examined and disallowed by the Assessing Officer and was pending appeal before the Commissioner of Income Tax (Appeals). The Tribunal also ruled that the provision for interest under Section 234D should not be added to the book profits under Section 115JB, as it had already been disallowed by the Assessing Officer. The appeal of the assessee was allowed, and the order was pronounced on 08-07-2020. en-us Wed, 08 Jul 2020 00:00:00 +0530 Wed, 15 Jul 2020 23:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396700 The Tribunal held that the revision order under Section 263 of the Income Tax Act was invalid as the issue was already examined and disallowed by the Assessing Officer and was pending appeal before the Commissioner of Income Tax (Appeals). The Tribunal also ruled that the provision for interest under Section 234D should not be added to the book profits under Section 115JB, as it had already been disallowed by the Assessing Officer. The appeal of the assessee was allowed, and the order was pronounced on 08-07-2020. Case-Laws Income Tax Wed, 08 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396700