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Income Tax - Highlights / Catch Notes

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Revision u/s 263 - case of “no enquiry” - admittedly Assessing ...

Income Tax

August 29, 2018

Revision u/s 263 - case of “no enquiry” - admittedly Assessing Officer at assessment stage has not verified amount shown under “suspense account”. It is very apparent that Assessing Officer has not verified its sources and mode of deposit - revision proceedings upheld.

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