https://www.taxtmi.com/caselaws?id=779179 ITAT held that revision under s.263 cannot be exercised absent a finding that the AO erred and the order was prejudicial to Revenue. PCIT conceded no error regarding allowance of deduction under s.80G read with s.115BAA, and the AO's view was a plausible interpretation of law. Because no error was found, the revisionary order under s.263 was unsustainable and was quashed; the taxpayer's appeal was allowed. en-us Thu, 21 Aug 2025 00:00:00 +0530 Sat, 27 Sep 2025 12:34:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779179 ITAT held that revision under s.263 cannot be exercised absent a finding that the AO erred and the order was prejudicial to Revenue. PCIT conceded no error regarding allowance of deduction under s.80G read with s.115BAA, and the AO's view was a plausible interpretation of law. Because no error was found, the revisionary order under s.263 was unsustainable and was quashed; the taxpayer's appeal was allowed. Case-Laws Income Tax Thu, 21 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779179