ITAT Upholds Revisionary Order by AO on ground of Twin Satisfaction Envisaged u/s 263 of Income Tax Act [Read Order]

By Shabna Rahim - On June 18, 2023 9:45 pm - 2 mins read

ITAT - ITAT Upholds Revisionary Order by AO - Revisionary Order - AO - Income Tax Act - Taxscan

The Pune bench of the Income Tax Appellate Tribunal (ITAT) upheld the revisionary order passed by the assessing officer on the ground of twin satisfaction envisaged under section 263 of the Income Tax Act,1961. Abhishek Sheti Udyog Bhandar, the appellant assessee filed the return of income(ROI). The assessing officer decided once the matter and identified…

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