https://www.taxtmi.com/caselaws?id=765095 The ITAT Chennai held that the Commissioner cannot exercise revisional powers under Section 263 when an appeal is pending before the Commissioner of Appeals. The case involved disallowance of transport charges under Section 40(a)(ia) which was subject to pending adjudication before the National Faceless Appeal Centre. Following the precedent in Renuka Philip, the tribunal ruled that statutory bar prevents Section 263 proceedings when appellate proceedings are ongoing on the same matter. The Commissioner's revision order was deemed unsustainable, and the decision favored the assessee. en-us Wed, 23 Oct 2024 00:00:00 +0530 Fri, 24 Jan 2025 18:12:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765095 The ITAT Chennai held that the Commissioner cannot exercise revisional powers under Section 263 when an appeal is pending before the Commissioner of Appeals. The case involved disallowance of transport charges under Section 40(a)(ia) which was subject to pending adjudication before the National Faceless Appeal Centre. Following the precedent in Renuka Philip, the tribunal ruled that statutory bar prevents Section 263 proceedings when appellate proceedings are ongoing on the same matter. The Commissioner's revision order was deemed unsustainable, and the decision favored the assessee. Case-Laws Income Tax Wed, 23 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765095