Section 263 Revision Unjustified if AO Accepts Explanation Without Detailed Inquiry or Specific Reasons.

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....Revision u/s 263 - the AO merely accepting the explanation of the assessee cannot be faulted merely because it could have been lawful to make more detailed inquiries or because he did not write specific reasons of accepting the explanation cannot be a reason to invoke the powers u/s. 263 of the Act. - AT....