https://www.taxtmi.com/highlights?id=73553 Revision u/s 263 - benefit of first and second proviso to Section 56(2)(x)(b) - while accepting returned income considered by Assessing Officer has not committed any error. Therefore, the assessment order cannot be branded as erroneous. Thus, twine condition, for invoking Section 263 of the Act are not met out in the present case - AT en-us Wed, 13 Dec 2023 07:54:20 +0530 Wed, 13 Dec 2023 07:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73553 Revision u/s 263 - benefit of first and second proviso to Section 56(2)(x)(b) - while accepting returned income considered by Assessing Officer has not committed any error. Therefore, the assessment order cannot be branded as erroneous. Thus, twine condition, for invoking Section 263 of the Act are not met out in the present case - AT Highlights Income Tax Wed, 13 Dec 2023 07:54:20 +0530 https://www.taxtmi.com/highlights?id=73553