Dismissing the appeal of the Revenue the Tribunal held that the Assessing Officer has conducted proper inquiry before assessment hence the order of the Tribunal quashing the revision order is affirmed. (AY. 2013-14)
PCIT v. Shhukla Dairy Pvt Ltd (2023) 457 ITR 145 (Guj)(HC)
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Cash in excess of Rs.20000-Proper inquiry was conducted-Revision is held to be not valid.[S.40(a)(ia), 40A(3), R.6DD]