Revision u/s 263 - AO has not applied his mind to the issue of ...
Section 263 Revision Sustained: AO Failed to Investigate Suspicious Share Transactions Thoroughly.
January 29, 2019
Case Laws Income Tax AT
Revision u/s 263 - AO has not applied his mind to the issue of share transactions for which the detailed information is available regarding the suspicious nature of the transactions - it is a case of absolute lack of enquiry but not a case of inadequate enquiry by him - revision order sustained.
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