Bombay High Court Considers Revenue Appeal Against ITAT Order in Section 263 Revision Case. Appeal Concerns Whether Non-Verification of Utilization of Accumulated Income Under Section 11(2) Renders Assessment Order Erroneous and Prejudicial to Revenue.
4 May 2026The matter arose from an appeal by the Revenue under Section 260A of the Income Tax Act, 1961 before the Bombay High Court against the order of the In...
