https://www.taxtmi.com/highlights?id=72949 Revision u/s 263 - addition u/s. 68 r.w.s. 115BBE - Assessee has submitted before the AO that the repayment of unsecured loan was made from sell proceeds - the Tribunal was right in holding that it was not a case where there was lack of inquiry and therefore there was no ground on which revisionary powers under Section 263 could have been invoked - HC en-us Tue, 07 Nov 2023 08:54:54 +0530 Tue, 07 Nov 2023 08:54:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72949 Revision u/s 263 - addition u/s. 68 r.w.s. 115BBE - Assessee has submitted before the AO that the repayment of unsecured loan was made from sell proceeds - the Tribunal was right in holding that it was not a case where there was lack of inquiry and therefore there was no ground on which revisionary powers under Section 263 could have been invoked - HC Highlights Income Tax Tue, 07 Nov 2023 08:54:54 +0530 https://www.taxtmi.com/highlights?id=72949