Section 263 Revision Incorrect: AO Not Required to Examine Expenditure When Books Are Unreliable and Profit Estimated. https://www.taxtmi.com/highlights?id=23361 Revision u/s 263 - once the books of account are found to be unreliable and rejected resulting in estimation of profit, AO is not required to enquire or examine the individual items of expenditures or other issues - revision order is not correct - AT en-us Wed, 17 Jun 2015 13:04:17 +0530 Wed, 17 Jun 2015 13:04:17 +0530 TaxTMI RSS Generator Section 263 Revision Incorrect: AO Not Required to Examine Expenditure When Books Are Unreliable and Profit Estimated. https://www.taxtmi.com/highlights?id=23361 Revision u/s 263 - once the books of account are found to be unreliable and rejected resulting in estimation of profit, AO is not required to enquire or examine the individual items of expenditures or other issues - revision order is not correct - AT Highlights Income Tax Wed, 17 Jun 2015 13:04:17 +0530 https://www.taxtmi.com/highlights?id=23361