If no inquiry by AO on disallowance u/s 40A(3): Section 263 order valid

Bharat Jaroli Vs PCIT (ITAT Indore)

The case of Bharat Jaroli vs PCIT, adjudicated by the ITAT in Indore, revolves around the failure of the Assessing Officer (AO) to properly scrutinize cash payments made by the assessee under Section 40A of the Income-tax Act, 1961. This article delves into the detailed analysis and the ultimate conclusion reached by the tribunal.

The appeal was filed by the assessee against the revision order dated 19th March, 2019, passed by the Principal Commissioner

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