https://www.taxtmi.com/caselaws?id=419573 The Tribunal allowed the appeal of the assessee, highlighting that the Assessing officer had conducted proper inquiries, rejecting the claim of lack of inquiry by the CIT DR. The delay in filing the appeal was condoned due to valid reasons beyond the assessee's control. The Tribunal emphasized that the Commissioner must establish inadequacy in the Assessing officer's inquiry before passing revisionary orders, ultimately setting aside the order under section 263 and ruling in favor of the assessee. en-us Mon, 28 Feb 2022 00:00:00 +0530 Tue, 15 Mar 2022 08:26:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419573 The Tribunal allowed the appeal of the assessee, highlighting that the Assessing officer had conducted proper inquiries, rejecting the claim of lack of inquiry by the CIT DR. The delay in filing the appeal was condoned due to valid reasons beyond the assessee's control. The Tribunal emphasized that the Commissioner must establish inadequacy in the Assessing officer's inquiry before passing revisionary orders, ultimately setting aside the order under section 263 and ruling in favor of the assessee. Case-Laws Income Tax Mon, 28 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419573