Revision Order u/s 263 Upheld Due to Incorrect Deduction Allowance u/s 80P2(d) by Assessing Officer.

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....Revision u/s 263 - the assessee made no specific claim u/s. 80P2(d) of the Act before the AO nor in the return of income as rightly pointed by the ld. DR. - Further, AO on incorrect assumptions of facts without applying correct application of law allowed deduction u/s. 80P2(d) of the Act which clearly reflects non application of mind. - Revision order sustained - AT....