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Income Tax - Highlights / Catch Notes

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Revision u/s 263 - A mere observation that no proper details ...


Income Tax Act Section 263: Revision Not Justified by Lack of Detail; Proper Inquiry by Assessing Officer Essential.

February 24, 2023

Case Laws     Income Tax     AT

Revision u/s 263 - A mere observation that no proper details have been obtained, cannot be sufficient to come to a conclusion that the Assessing Officer did not make proper and adequate inquiries which he ought to have made in the given facts and circumstances of this case. - AT

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