Held that in the course of assessment proceedings proper explanation was furnished in the course of assessment proceedings. Accordingly revision order is quashed. (AY. 2017-18)
Gurucharan Singh v. PCIT(2023) 223 TTJ 53 (Chd)(Trib)
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Cash deposit-Demonetisation-No lack of proper enquiry-Proper explanation was furnished in the course of assessment proceedings-Revision order is quashed. [S. 68, 143(3)]