Ram Bharos Shashi v. ITO (2021) 214 TTJ 9 (UR) / 63 CCH 373 (Jodhpur)(Trib.)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Nature and source of deposits examined during assessment proceedings-Order cannot be held as erroneous-Order is set aside [S. 143 (3)]

Allowing the appeal of the assessee  the Tribunal held that the Assessing Officer has examined nature and source of deposits  in savings account made during the  relevant year and also opening and closing balances cash in hand which are reflected in the balance sheet. Revision order  is held to be not justified. (AY. 2015-16)