https://www.taxtmi.com/highlights?id=72743 Revision u/s 263 - addition u/s 40A(3) - when the entire materials were placed before the Ld. AO during the course of assessment proceeding and only upon verification of the same, the return of income was accepted, which is also reflecting from the order passed by the Ld. AO mentioned therein, assessment cannot be reopened by exercising power conferred u/s 263 of the Act by the Ld. PCIT in the manner it has been done. - AT en-us Thu, 26 Oct 2023 16:46:55 +0530 Thu, 26 Oct 2023 16:46:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72743 Revision u/s 263 - addition u/s 40A(3) - when the entire materials were placed before the Ld. AO during the course of assessment proceeding and only upon verification of the same, the return of income was accepted, which is also reflecting from the order passed by the Ld. AO mentioned therein, assessment cannot be reopened by exercising power conferred u/s 263 of the Act by the Ld. PCIT in the manner it has been done. - AT Highlights Income Tax Thu, 26 Oct 2023 16:46:55 +0530 https://www.taxtmi.com/highlights?id=72743