https://www.taxtmi.com/highlights?id=46625 Revision u/s 263 - unsecured loan - AO after having received relevant documents including confirmation has not taken pains to verify the veracity of loan transactions and the creditworthiness of the parties. AO after issuing notices u/s. 133(6), left the enquiry in between despite only 2 reply received out of 23 - it is case of lack of enquiry and not inadequate enquiry - revision sustained en-us Mon, 20 May 2019 07:03:02 +0530 Mon, 20 May 2019 07:03:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46625 Revision u/s 263 - unsecured loan - AO after having received relevant documents including confirmation has not taken pains to verify the veracity of loan transactions and the creditworthiness of the parties. AO after issuing notices u/s. 133(6), left the enquiry in between despite only 2 reply received out of 23 - it is case of lack of enquiry and not inadequate enquiry - revision sustained Highlights Income Tax Mon, 20 May 2019 07:03:02 +0530 https://www.taxtmi.com/highlights?id=46625