TMI BlogCIT's revision attempt quashed as AO's independent verification of cash deposits deemed sufficient and genuine.Revision u/s 263 by CIT - lack of enquiry proved or not? - AO has accepted the genuineness of the cash deposited in the bank account after a conscious and independent application of mind. - Revision order held to be bad in law and the same is as such quashed. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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