High Court Challenges Revenue's Justification for Revision u/s 263 Due to Lack of Specific Inquiries by Assessing Officer.

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....Validity of Revision u/s 263 - Whether inquiry or verification was not made by the Assessing Officer - Appellant, Revenue, is not in a position to point out as to what are those inquiries or verification which should have been made but have not been made by the Assessing Officer in the present case so as to make the present case fall within Explanation 2 attached to Section 263 - HC....