INCOME TAX : Where assessment had been made by Assessing Officer, without verification of claim of written off bad debts as deduction, it was erroneous and prejudicial to interest of revenue, hence, Commissioner was correct in assuming revisionary jurisdiction and passing order under section 263INCOME TAX : Where assessment had been made by Assessing Officer, without verification of claim of written off bad debts as deduction, it was erroneous and prejudicial to interest of revenue, hence, Commissioner was correct in assuming revisionary jurisdiction and passing order under section 263www.taxmann.com Latest Case LawsRead More
