https://www.taxtmi.com/caselaws?id=447972 HC held that the revision under Section 263 was unsustainable and set aside the PCIT's order. The court found the AO had conducted inquiry-issued s142(1) notice with detailed questionnaire, received electronic and manual replies, held hearings and considered documents-so there was not a lack of enquiry. The PCIT issued a show-cause notice and received responses and appearances but failed to record or consider those replies, did not articulate reasons for deeming the assessment order erroneous and prejudicial, and did not demonstrate any minimal enquiry. Decision entered in favour of the assessee. en-us Mon, 08 Jan 2024 00:00:00 +0530 Mon, 22 Sep 2025 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447972 HC held that the revision under Section 263 was unsustainable and set aside the PCIT's order. The court found the AO had conducted inquiry-issued s142(1) notice with detailed questionnaire, received electronic and manual replies, held hearings and considered documents-so there was not a lack of enquiry. The PCIT issued a show-cause notice and received responses and appearances but failed to record or consider those replies, did not articulate reasons for deeming the assessment order erroneous and prejudicial, and did not demonstrate any minimal enquiry. Decision entered in favour of the assessee. Case-Laws Income Tax Mon, 08 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447972