https://www.taxtmi.com/caselaws?id=773015 The SC/Tribunal addressed the legality of invoking section 263 regarding CSR expenditure and section 80G deduction. The court ruled that the PCIT could not revise the assessment order since the Assessing Officer's original interpretation was plausible and supported by judicial precedents. The tribunal emphasized that a mere difference in opinion does not constitute an erroneous assessment, thereby setting aside the revision order and restoring the original assessment. en-us Mon, 09 Jun 2025 00:00:00 +0530 Tue, 17 Jun 2025 07:57:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773015 The SC/Tribunal addressed the legality of invoking section 263 regarding CSR expenditure and section 80G deduction. The court ruled that the PCIT could not revise the assessment order since the Assessing Officer's original interpretation was plausible and supported by judicial precedents. The tribunal emphasized that a mere difference in opinion does not constitute an erroneous assessment, thereby setting aside the revision order and restoring the original assessment. Case-Laws Income Tax Mon, 09 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773015