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Order couldn’t be said to be prejudicial if AO had taken one of two possible views, HC quashed sec. 263 revision

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  • Order couldn’t be said to be prejudicial if AO had taken one of two possible views, HC quashed sec. 263 revision
Posted onon September 13, 2017

Tenet Tax Daily September 13 2017

By tenettax-team
Corporate Tax

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Appeal against earlier ITAT order could be filed from second order if second order made reference of earlier order
Exp. incurred by assessee engaged in business of setting-up of new hotel was allowable u/s 37(1): ITAT

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