Additionally, the ITAT pointed out that the PCIT invoked Explanation 2 of Section 263 in the final order but did not mention or confront the assessee with this basis during the show-cause stage, ...

ITAT Delhi held that revision under section 263 of the Income Tax Act not tenable as PCIT failed to specify definite error in the order and also AO has made proper inquiry and has taken plausible view ...

Aimed at reducing fraud, the move has raised concerns about how it will impact those relying on Social Security benefits.

The partnership integrates Prove Pre-Fill to streamline onboarding for deposit accounts, credit cards, and loans.