https://www.taxtmi.com/caselaws?id=463587 ITAT (Visakhapatnam) held that the assessee lawfully claimed a TDS refund after verification of Form 26AS and that the AO had examined and allowed the TDS credit and refund; PCIT failed to demonstrate any error or prejudicial order by the AO. Section 263 could not be invoked where the AO's order was not erroneous or prejudicial to revenue. The revisionary proceedings under s.263 were held without jurisdiction and set aside, and the assessee's appeal was allowed. en-us Tue, 15 Apr 2025 00:00:00 +0530 Mon, 08 Sep 2025 13:36:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463587 ITAT (Visakhapatnam) held that the assessee lawfully claimed a TDS refund after verification of Form 26AS and that the AO had examined and allowed the TDS credit and refund; PCIT failed to demonstrate any error or prejudicial order by the AO. Section 263 could not be invoked where the AO's order was not erroneous or prejudicial to revenue. The revisionary proceedings under s.263 were held without jurisdiction and set aside, and the assessee's appeal was allowed. Case-Laws Income Tax Tue, 15 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463587