https://www.taxtmi.com/caselaws?id=459107 ITAT Indore quashed PCIT's revision order u/s 263 regarding disallowances of prior period expenses, belated PF payments, gratuity provisions, payments inadmissible u/s 43B, and bad debt provisions. The tribunal found revision action was based on lower authorities' proposal without PCIT's independent examination of records. Following Alfa Laval Lund AB precedent, such mechanical approval without proper consideration violates section 263 requirements. Four of five proposed disallowances were unwarranted, demonstrating lack of independent application of mind. Original assessment order restored. Assessee's appeal allowed. en-us Fri, 31 Mar 2023 00:00:00 +0530 Fri, 20 Dec 2024 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459107 ITAT Indore quashed PCIT's revision order u/s 263 regarding disallowances of prior period expenses, belated PF payments, gratuity provisions, payments inadmissible u/s 43B, and bad debt provisions. The tribunal found revision action was based on lower authorities' proposal without PCIT's independent examination of records. Following Alfa Laval Lund AB precedent, such mechanical approval without proper consideration violates section 263 requirements. Four of five proposed disallowances were unwarranted, demonstrating lack of independent application of mind. Original assessment order restored. Assessee's appeal allowed. Case-Laws Income Tax Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459107