https://www.taxtmi.com/caselaws?id=779228 ITAT (Del) upheld the revisional order under section 263 where the assessee failed to disclose nature and taxability of substantial perquisites received in cash and kind and failed to furnish scrutiny notices, reconciliations with Form 26AS and capital account records to rebut the revision. The tribunal affirmed the revising authority's directions, finding failure to meet disclosure and reconciliation obligations justified exercise of revisionary jurisdiction, and dismissed the assessee's appeal. en-us Mon, 20 Jan 2025 00:00:00 +0530 Wed, 01 Oct 2025 09:07:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779228 ITAT (Del) upheld the revisional order under section 263 where the assessee failed to disclose nature and taxability of substantial perquisites received in cash and kind and failed to furnish scrutiny notices, reconciliations with Form 26AS and capital account records to rebut the revision. The tribunal affirmed the revising authority's directions, finding failure to meet disclosure and reconciliation obligations justified exercise of revisionary jurisdiction, and dismissed the assessee's appeal. Case-Laws Income Tax Mon, 20 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779228