https://www.taxtmi.com/highlights?id=59452 Revision u/s 263 - Assessee company is a private limited company and it is closely held and has raised share subscription from its own directors and their wives who are all income tax assessee's and all the money has come through banking channel and their creditworthiness has also been proved by the documents produced - PCIT erred in finding that the source of share subscribers has not been properly enquired by the AO - Revision order quashed - AT en-us Tue, 31 Aug 2021 09:18:50 +0530 Tue, 31 Aug 2021 09:18:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=59452 Revision u/s 263 - Assessee company is a private limited company and it is closely held and has raised share subscription from its own directors and their wives who are all income tax assessee's and all the money has come through banking channel and their creditworthiness has also been proved by the documents produced - PCIT erred in finding that the source of share subscribers has not been properly enquired by the AO - Revision order quashed - AT Highlights Income Tax Tue, 31 Aug 2021 09:18:50 +0530 https://www.taxtmi.com/highlights?id=59452