https://www.taxtmi.com/highlights?id=66108 Revision u/s 263 - lack of inquiry by AO - it is a case where the AO did not make any inquiry vis-à-vis the share premium and simply accepted the details filed by the assessee and, thus, the AO had failed miserably to carry out the duty cast upon him. Therefore, it is our considered view that it is a case of complete lack of inquiry by the AO - Revision order sustained - AT en-us Tue, 18 Oct 2022 08:51:22 +0530 Tue, 18 Oct 2022 08:51:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66108 Revision u/s 263 - lack of inquiry by AO - it is a case where the AO did not make any inquiry vis-à-vis the share premium and simply accepted the details filed by the assessee and, thus, the AO had failed miserably to carry out the duty cast upon him. Therefore, it is our considered view that it is a case of complete lack of inquiry by the AO - Revision order sustained - AT Highlights Income Tax Tue, 18 Oct 2022 08:51:22 +0530 https://www.taxtmi.com/highlights?id=66108