Acceptance of ITR without Adequate and Sufficient Enquiry by AO: ITAT upholds Revision order u/s 263 of Income Tax Act [Read Order]

By Fathima Karama A.M - On November 6, 2023 6:00 pm - 2 mins read

Acceptance of ITR - Income Tax Returns - Adequate and Sufficient - Enquiry by AO - ITAT upholds Revision order - Revision order - Income Tax Act - Income Tax - ITAT - ITAT News - TAXSCAN

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has upheld the revision order under Section 263 of the Income Tax Act 1961 as the acceptance of Income Tax Return (ITR) was without adequate and sufficient enquiry. the assessee, Ametek Builtech India Versus Pvt. while challenging the revisionary order passed under Section 263 of the…

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