https://www.taxtmi.com/highlights?id=68473 Revision u/s 263 - exemption u/s 54F - the exercise aimed at ascertaining the correct income of the assessee has been fulfilled by the Ld. A.O. by exercising his quasi-judicial functions, hence order passed by the assessing officer is neither erroneous nor prejudicial to the interest of revenue, therefore, we quash the order under section 263 passed by ld PCIT. - AT en-us Sat, 25 Feb 2023 13:41:21 +0530 Sat, 25 Feb 2023 13:41:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68473 Revision u/s 263 - exemption u/s 54F - the exercise aimed at ascertaining the correct income of the assessee has been fulfilled by the Ld. A.O. by exercising his quasi-judicial functions, hence order passed by the assessing officer is neither erroneous nor prejudicial to the interest of revenue, therefore, we quash the order under section 263 passed by ld PCIT. - AT Highlights Income Tax Sat, 25 Feb 2023 13:41:21 +0530 https://www.taxtmi.com/highlights?id=68473