Income Tax Act Section 263 Revision: AO's Oversight on Interest Expense Bifurcation Sparks Justified Action.

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....Revision u/s 263 - Claim of interest - bifurcation of the interest expense between pre and post business commencement period - AO did not examine the issue in the manner in which it was expected from him in this regard and, therefore, the impugned action u/s 263 of the Act is entirely justified.....