CIT Uses Section 263 to Address Income Discrepancy; Taxpayer's Underreported Revenue from Service Tax Leads to Revision Order Upheld.

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....Revision u/s 263 by CIT - Underreporting of income - Lesser amount of revenue shown in income tax return vis-à-vis the service tax return, if not successfully proved, would have gone to swell income for the year under consideration - Revision order sustained - AT....