https://www.taxtmi.com/highlights?id=57347 Revision u/s 263 - AO allowed of the assessee‟s claim for deduction of forfaiting charges as revenue expenditure - as the A.O while framing the assessment had after making exhaustive verifications arrived at a plausible view as regards the assessee‟s entitlement towards claim of deduction of the forfaiting charges therefore, the PCIT could not have invoked his revisional jurisdiction under Sec. 263 - AT en-us Fri, 26 Mar 2021 09:46:01 +0530 Fri, 26 Mar 2021 09:46:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57347 Revision u/s 263 - AO allowed of the assessee‟s claim for deduction of forfaiting charges as revenue expenditure - as the A.O while framing the assessment had after making exhaustive verifications arrived at a plausible view as regards the assessee‟s entitlement towards claim of deduction of the forfaiting charges therefore, the PCIT could not have invoked his revisional jurisdiction under Sec. 263 - AT Highlights Income Tax Fri, 26 Mar 2021 09:46:01 +0530 https://www.taxtmi.com/highlights?id=57347