Proceedings u/s 263 unsustainable as enquiry already carried out by AO

Lakme Lever Private Limited Vs PCIT (ITAT Mumbai) ITAT Mumbai held that initiation of revisional proceedings u/s 263 of the Income Tax Act unsustainable as AO has carried out enquiry on the issues, however, has failed to discuss the same in the Assessment Order. Facts- Pr.CIT while perusing the assessment records observed that assessee has claimed EDP expenses to the extent of ₹.2,84,82,194/- in its P&L Account. The said claim of the assessee was allowed by AO while completing the assessment u/s.143(3) of the Act. However, as the said expenditure incurred by the assessee are enduring in ...