https://www.taxtmi.com/highlights?id=63284 Revision u/s 263 - When the Assessing Officer after exhaustive deliberations had accepted the explanation of the assessee and refrained from drawing any adverse inferences in its hand qua the issue in question i.e. contents of the seized loose sheet, therefore, the Pr. CIT in the garb of exercise of his revisionary jurisdiction u/s.263 of the Act could not have sought for substitution of his view as against that arrived at by the Assessing Officer. - AT en-us Thu, 05 May 2022 08:35:29 +0530 Thu, 05 May 2022 08:35:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63284 Revision u/s 263 - When the Assessing Officer after exhaustive deliberations had accepted the explanation of the assessee and refrained from drawing any adverse inferences in its hand qua the issue in question i.e. contents of the seized loose sheet, therefore, the Pr. CIT in the garb of exercise of his revisionary jurisdiction u/s.263 of the Act could not have sought for substitution of his view as against that arrived at by the Assessing Officer. - AT Highlights Income Tax Thu, 05 May 2022 08:35:29 +0530 https://www.taxtmi.com/highlights?id=63284