https://www.taxtmi.com/caselaws?id=772868 PCIT's revisionary order under Section 264 set aside the assessment order, which had made an addition for unexplained money under Section 69A. The petitioner contended that the assessment rested on incorrect facts and that the revision should have resulted in outright relief rather than remand. The High Court did not enter the merits, noting that the assessment order had already been quashed and that the show-cause notice issued by the Assessing Officer still required adjudication. The petition was disposed of on that basis and the notice discharged. en-us Mon, 21 Apr 2025 00:00:00 +0530 Sat, 14 Jun 2025 06:47:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772868 PCIT's revisionary order under Section 264 set aside the assessment order, which had made an addition for unexplained money under Section 69A. The petitioner contended that the assessment rested on incorrect facts and that the revision should have resulted in outright relief rather than remand. The High Court did not enter the merits, noting that the assessment order had already been quashed and that the show-cause notice issued by the Assessing Officer still required adjudication. The petition was disposed of on that basis and the notice discharged. Case-Laws Income Tax Mon, 21 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772868