https://www.taxtmi.com/caselaws?id=446711 ITAT Delhi allowed the trust's appeal against PCIT's revision order u/s 263. The tribunal found that identical issues were previously decided in assessee's favor by ITAT and Delhi HC, which held the trust's activities as charitable. The AO had conducted adequate inquiries during faceless assessment proceedings and followed judicial discipline by adhering to prior decisions. PCIT cannot initiate revision merely to substitute views on matters already on record or for inadequate inquiry when sufficient inquiry was conducted. The assessment order was not erroneous. en-us Tue, 22 Aug 2023 00:00:00 +0530 Fri, 08 Dec 2023 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446711 ITAT Delhi allowed the trust's appeal against PCIT's revision order u/s 263. The tribunal found that identical issues were previously decided in assessee's favor by ITAT and Delhi HC, which held the trust's activities as charitable. The AO had conducted adequate inquiries during faceless assessment proceedings and followed judicial discipline by adhering to prior decisions. PCIT cannot initiate revision merely to substitute views on matters already on record or for inadequate inquiry when sufficient inquiry was conducted. The assessment order was not erroneous. Case-Laws Income Tax Tue, 22 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446711