Order passed by AO in Absence of Proper Inquiry shall be liable to Revision u/s 263 of Income Tax Act: ITAT [Read Order]

By Sunayana Dhal - On August 20, 2023 7:30 am - 2 mins read
Order - AO - Proper Inquiry - Order passed by AO in Absence of Proper Inquiry - Revision - taxscan

The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) held that the order passed by the assessing officer in the absence of proper inquiry shall be liable to revision under Section 263 of the Income Tax Act, 1961. The Principal Commissioners of Income Tax (PCIT) on examination of the details/ record available before her observed…

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