Court Upholds Revision u/s 263; Emphasizes Thorough Inquiry by Assessing Officer for Section 80IB(10) Claims.

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....Revision u/s 263 - deduction u/s 80IB(10) - Though, it may be a fact that in course of assessment proceedings, the assessee might have furnish certain information/details in support of its claim however, the Assessing Officer is required to enquire into and actually verify assessee’s claim to reach a logical conclusion. - Revision upheld.....