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Income Tax | ITAT Quashes Section 263 Revision After AO Examined Claims and Adopted a Permissible View

9 Oct 2026 · 5d agoBy CA Vijayakumar ShettySource: TaxGuru

ITAT quashes Section 263 revision as the AO had examined business expenses, capital loss and fixed assets, and the assessment was not shown to be erroneous and prejudicial. The post ITAT Quashes Section 263 Revision After AO Examined Claims and Adopted a Permissible View appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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