Assessment Order Lacking Detailed Verification by AO Deemed Inadequate; Revision Order Upheld by PCIT.

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Full Text of the Document

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....Revision u/s 263 - The assessment order is very cryptic without speaking about the verifications made by the AO for which the return filed by the assessee was selected for “Scrutiny” - PCIT has correctly observed that no proper examination/verification was done by the AO - Revision order sustained - AT....