https://www.taxtmi.com/highlights?id=63825 Revision u/s 263 - assessment u/s 147 - The language employed by the statute (i.e., w.e.f. 01/6/2015) in this regard, i.e., 'an order passed without making further inquiries or verification which should have been made.' is apposite. It is the inquiry/verification by the AO that is relevant for the purpose, and not the explanation/s, if any, furnished before the appellate authority, much less that de hors the record.- AT en-us Thu, 02 Jun 2022 14:32:12 +0530 Thu, 02 Jun 2022 14:32:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63825 Revision u/s 263 - assessment u/s 147 - The language employed by the statute (i.e., w.e.f. 01/6/2015) in this regard, i.e., 'an order passed without making further inquiries or verification which should have been made.' is apposite. It is the inquiry/verification by the AO that is relevant for the purpose, and not the explanation/s, if any, furnished before the appellate authority, much less that de hors the record.- AT Highlights Income Tax Thu, 02 Jun 2022 14:32:12 +0530 https://www.taxtmi.com/highlights?id=63825