https://www.taxtmi.com/caselaws?id=447293 The ITAT Rajkot dismissed the assessee's appeal challenging a second revision notice under Section 263. The PCIT had initially issued a revision notice on certain grounds, but subsequently revised the assessment order on different issues relating to non-deduction of TDS under Section 194C and disallowance under Section 40(a)(ia). The tribunal held that Section 263 contains no specific prohibition preventing the PCIT from addressing other erroneous aspects discovered during revision proceedings, provided the assessment order remains prejudicial to revenue interests and the limitation period is not exceeded. en-us Wed, 20 Dec 2023 00:00:00 +0530 Thu, 21 Dec 2023 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447293 The ITAT Rajkot dismissed the assessee's appeal challenging a second revision notice under Section 263. The PCIT had initially issued a revision notice on certain grounds, but subsequently revised the assessment order on different issues relating to non-deduction of TDS under Section 194C and disallowance under Section 40(a)(ia). The tribunal held that Section 263 contains no specific prohibition preventing the PCIT from addressing other erroneous aspects discovered during revision proceedings, provided the assessment order remains prejudicial to revenue interests and the limitation period is not exceeded. Case-Laws Income Tax Wed, 20 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447293