Punjab & Haryana HC upholds Revision Order under Income Tax Act as AO made Wrong Assessment [Read Order]

The court dismissed appeal and upheld the order of the PCIT , as the AO is prejudicial to the interest of the revenue.
By Yogitha S. Yogesh - On August 4, 2024 4:02 pm - 2 mins read
Punjab & Haryana HC - Income Tax Act - AO - Principal Commissioner Income Tax - Haryana HC Upholds - section 44ADA of the Act - taxscan

The Punjab & Haryana High Court recently upheld the revisional order passed by the Principal Commissioner Income Tax ( PCIT ) under section 263 of the Income tax act as the assessment wrongly passed by the Assessing Officer ( AO ) under section 44ADA of the Act. Harjot Singh, the assessee is an individual filed…

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