Section 263 Revision on Unexplained Cash Deposits Overturned; Missing Documents Not Enough to Deem Assessment Erroneous.

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....Revision u/s 263 - Unexplained cash deposits - Merely because documents, noted by the AO to be produced by the creditor of source of cash deposit in response to summons issued to him u/s. 131 were not found in the case records, that cannot be the reason for holding the assessment order to be in error for accepting the genuineness of the source of cash deposit. The fact of issuance of summons by the AO is not doubted or disputed by the Ld. PCIT. - Revision order set aside - AT....