https://www.taxtmi.com/highlights?id=55173 Revision u/s 263 - depreciation on the residential properties - Where the factual scenario of a case prima facie shows the description of property as residential and cry for looking deep into it in terms of actual usage for the purposes of business, then a mere collection of registry document and keeping that on record cannot be held as conducting an enquiry. It is a clear case of lack of enquiry on part of the AO - AT en-us Thu, 15 Oct 2020 14:19:49 +0530 Thu, 15 Oct 2020 14:19:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55173 Revision u/s 263 - depreciation on the residential properties - Where the factual scenario of a case prima facie shows the description of property as residential and cry for looking deep into it in terms of actual usage for the purposes of business, then a mere collection of registry document and keeping that on record cannot be held as conducting an enquiry. It is a clear case of lack of enquiry on part of the AO - AT Highlights Income Tax Thu, 15 Oct 2020 14:19:49 +0530 https://www.taxtmi.com/highlights?id=55173