Wednesday, 12 February 2014

Order of AO can't be labelled as erroneous if passed after considering details and evidences furnish

IT: Where in proceedings under section 143(3), assessee on being asked by Assessing Officer filed several replies as well as details and evidences and Assessing Officer after considering same took one of views possible in matter, order of Assessing Officer could not be said to be erroneous insofar prejudicial to interest of revenue


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