https://www.taxtmi.com/highlights?id=57576 Revision u/s 263 by CIT - Even after giving effect to the order of the ld. PCIT u/s.263 of the Act, there would be no taxable income under normal provisions of the Act and even then, the income would ultimately get determined only u/s.115JB of the Act. Hence, there would be no prejudice that could be caused to the interest of the Revenue in this regard. - AT en-us Tue, 13 Apr 2021 16:38:42 +0530 Tue, 13 Apr 2021 16:38:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57576 Revision u/s 263 by CIT - Even after giving effect to the order of the ld. PCIT u/s.263 of the Act, there would be no taxable income under normal provisions of the Act and even then, the income would ultimately get determined only u/s.115JB of the Act. Hence, there would be no prejudice that could be caused to the interest of the Revenue in this regard. - AT Highlights Income Tax Tue, 13 Apr 2021 16:38:42 +0530 https://www.taxtmi.com/highlights?id=57576