https://www.taxtmi.com/highlights?id=71794 Revision u/s 263 - Assessee has shown only an amount from the capital account towards drawings which he is trying to explain the source of investment - AO has completely lost his sight while accepting the explanation given by the assessee towards source of investment which not only made the assessment order erroneous but also is prejudicial to the interest of the Revenue - Revisin order sustained - AT en-us Sat, 02 Sep 2023 15:56:58 +0530 Sat, 02 Sep 2023 15:56:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71794 Revision u/s 263 - Assessee has shown only an amount from the capital account towards drawings which he is trying to explain the source of investment - AO has completely lost his sight while accepting the explanation given by the assessee towards source of investment which not only made the assessment order erroneous but also is prejudicial to the interest of the Revenue - Revisin order sustained - AT Highlights Income Tax Sat, 02 Sep 2023 15:56:58 +0530 https://www.taxtmi.com/highlights?id=71794