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Income Tax - Highlights / Catch Notes

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Revision u/s 263 - unaccounted purchases - The narration of ...

Income Tax

October 29, 2020

Revision u/s 263 - unaccounted purchases - The narration of facts clearly demonstrates that neither the AO failed to make proper investigation nor did he reach any wrong conclusion in holding that the amount of cash deposits by the assessee in his bank account did not pertain to him. - Revision order set aside - AT

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