https://www.taxtmi.com/caselaws?id=432382 The Tribunal quashed the revision orders passed by the PCIT, emphasizing the lack of necessary inquiries to establish the AO's findings as erroneous. The PCIT's reliance on the DDIT's report without independent verification rendered the revision orders unsustainable. The Tribunal held that the PCIT cannot substitute the AO's judgment without proper inquiry. As a result, the appeals filed by the assessees were allowed. en-us Fri, 30 Dec 2022 00:00:00 +0530 Wed, 04 Jan 2023 08:30:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432382 The Tribunal quashed the revision orders passed by the PCIT, emphasizing the lack of necessary inquiries to establish the AO's findings as erroneous. The PCIT's reliance on the DDIT's report without independent verification rendered the revision orders unsustainable. The Tribunal held that the PCIT cannot substitute the AO's judgment without proper inquiry. As a result, the appeals filed by the assessees were allowed. Case-Laws Income Tax Fri, 30 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432382