https://www.taxtmi.com/highlights?id=57999 Revision u/s 263 - assessee’s case selected for limited scrutiny under CASS - the Ld. PCIT could not have invoked jurisdiction u/s 263 of the Act because he could not have held the AO’s order to be erroneous because the AO was justified in not enquiring in to the issue of Insurance Premium (Keyman Policy) since the AO has gone as per the dictum of CBDT circular on the subject. - AT en-us Mon, 17 May 2021 12:47:48 +0530 Mon, 17 May 2021 12:47:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57999 Revision u/s 263 - assessee’s case selected for limited scrutiny under CASS - the Ld. PCIT could not have invoked jurisdiction u/s 263 of the Act because he could not have held the AO’s order to be erroneous because the AO was justified in not enquiring in to the issue of Insurance Premium (Keyman Policy) since the AO has gone as per the dictum of CBDT circular on the subject. - AT Highlights Income Tax Mon, 17 May 2021 12:47:48 +0530 https://www.taxtmi.com/highlights?id=57999