Held that the AO has examined the claim of exemption as regards investment in purchase of four residential flats after calling for evidence and other supporting documents. Revision is held to be not valid. (AY. 2016-17)
Deepak Kr. Singh v. PCIT (2022) 218 TTJ 849 (Pat)(Trib)
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Capital gains-Investment in a residential house-Conducted detailed enquiry-Revision is not valid.[S. 54F, 142(1) 143(3)]