https://www.taxtmi.com/caselaws?id=314486 The ITAT Indore-AT allowed the assessee's appeal against CIT's revision order u/s 263. The CIT had found the AO's assessment erroneous for not verifying expenses paid to M/s AD Enterprises for job work. The ITAT held that the AO took a plausible view after considering the assessee's complete replies, bank statements, TDS deductions, and valid PAN details. The assessee, engaged in real estate business, had legitimately claimed job work expenses and fulfilled all documentation requirements. The ITAT ruled that non-filing of returns by the payee and non-response to notices u/s 133(6) were beyond the assessee's control and could not render the assessment erroneous, thus section 263 was not applicable. en-us Thu, 08 Feb 2024 00:00:00 +0530 Fri, 14 Jun 2024 08:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314486 The ITAT Indore-AT allowed the assessee's appeal against CIT's revision order u/s 263. The CIT had found the AO's assessment erroneous for not verifying expenses paid to M/s AD Enterprises for job work. The ITAT held that the AO took a plausible view after considering the assessee's complete replies, bank statements, TDS deductions, and valid PAN details. The assessee, engaged in real estate business, had legitimately claimed job work expenses and fulfilled all documentation requirements. The ITAT ruled that non-filing of returns by the payee and non-response to notices u/s 133(6) were beyond the assessee's control and could not render the assessment erroneous, thus section 263 was not applicable. Case-Laws Income Tax Thu, 08 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314486