Section 263 Revision: Pr. CIT's Claim of No AO Enquiry on Share Capital Deemed Incorrect, Based on Suspicion Only.

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....Revision u/s 263 - Addition u/s 68 - accepting the returned income - AO has conducted enquiry in respect of subject matter i.e. share capital and premium collected by the assessee-company. Therefore, the finding of Second Pr. CIT that the Second AO has not conducted enquiry is incorrect and is flowing from suspicion only. - AT....