https://www.taxtmi.com/caselaws?id=464180 ITAT, Delhi - AT allowed the appeal and quashed the order passed under section 263. The Tribunal found the AO had sought extensive information via the s.143(2) questionnaire and the assessee furnished books, bank statements and explanations, so the assessment could not be deemed made without adequate enquiry. Deletions of additions relating to partners' cash capital contributions, cash bank deposits and cash discounts, and partial relief on s.40(a)(ia) disallowance, showed the AO had taken a conscious view. The revision order was held without foundation. en-us Tue, 14 Jan 2020 00:00:00 +0530 Thu, 09 Oct 2025 20:48:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464180 ITAT, Delhi - AT allowed the appeal and quashed the order passed under section 263. The Tribunal found the AO had sought extensive information via the s.143(2) questionnaire and the assessee furnished books, bank statements and explanations, so the assessment could not be deemed made without adequate enquiry. Deletions of additions relating to partners' cash capital contributions, cash bank deposits and cash discounts, and partial relief on s.40(a)(ia) disallowance, showed the AO had taken a conscious view. The revision order was held without foundation. Case-Laws Income Tax Tue, 14 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464180