Tribunal held that the CIT has not pointed out any reason for doubting the explanation of the asseessee which was accepted by the AO. Revision order is quashed and set aside. (AY.2017-18)
Shama Ajay Patel v. CIT (2024) 230 TTJ 33 (UO) (Ahd) (Trib)
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Non-Resident-Trading in shares-CIT has not pointed out any reason for doubting the explanation-Revision order is set aside.[S. 143(3)]