Revision u/s 263 - if the enquiry of such unexplained investment ...
Revision Needed for Unexplained Investments Inquiry u/s 263; Bank Deposits Treated as Income u/s 69.
June 4, 2018
Case Laws Income Tax HC
Revision u/s 263 - if the enquiry of such unexplained investment is not done then same would be erroneous order prejudicial to the interest of the Revenue u/s 263 - thus if assessee is failed to explain the source of investment of the deposits with the bank, it shall be considered as an income u/s 69 - HC
View Source