https://www.taxtmi.com/highlights?id=57143 Revision u/s 263 - Merely because the balance sheet and P&L account are placed before the AO at the time of assessment, it cannot be construed that the AO had verified the entire issues unless specific information is called by the AO. Therefore, there was an error which is prejudicial to the interest of revenue with regard to non-verification of financial surcharge adjustment in the assessment made u/s 143(3). - AT en-us Fri, 12 Mar 2021 16:49:10 +0530 Fri, 12 Mar 2021 16:49:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57143 Revision u/s 263 - Merely because the balance sheet and P&L account are placed before the AO at the time of assessment, it cannot be construed that the AO had verified the entire issues unless specific information is called by the AO. Therefore, there was an error which is prejudicial to the interest of revenue with regard to non-verification of financial surcharge adjustment in the assessment made u/s 143(3). - AT Highlights Income Tax Fri, 12 Mar 2021 16:49:10 +0530 https://www.taxtmi.com/highlights?id=57143