https://www.taxtmi.com/highlights?id=27465 Revision u/s 263 - distinction between "lack of enquiry" and "inadequate enquiry" - AO is not required to give detailed reason in respect of each and every item of deduction in the assessment order. AO had called for explanation regarding suppressed sales and the assessee had furnished his explanation. Thus, it cannot be said that it is a case of 'lack of enquiry'. - AT en-us Wed, 24 Feb 2016 17:35:26 +0530 Wed, 24 Feb 2016 17:35:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27465 Revision u/s 263 - distinction between "lack of enquiry" and "inadequate enquiry" - AO is not required to give detailed reason in respect of each and every item of deduction in the assessment order. AO had called for explanation regarding suppressed sales and the assessee had furnished his explanation. Thus, it cannot be said that it is a case of 'lack of enquiry'. - AT Highlights Income Tax Wed, 24 Feb 2016 17:35:26 +0530 https://www.taxtmi.com/highlights?id=27465