https://www.taxtmi.com/caselaws?id=780136 ITAT DELHI - AT set aside the PCIT's s.263 revision and quashed the direction to AO to reopen the NFAC assessment u/s 143(3), finding no pointed error rendering the assessment erroneous and prejudicial to Revenue. The tribunal held the PCIT merely sought additional information and attempted fishing and roving enquiries, failed to identify any deficiency or adverse inference from the information already on record, and relied on a factually incorrect premise regarding a donation. The appeal was allowed and the PCIT's remand to the AO was invalidated. en-us Wed, 10 Sep 2025 00:00:00 +0530 Fri, 17 Oct 2025 15:50:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780136 ITAT DELHI - AT set aside the PCIT's s.263 revision and quashed the direction to AO to reopen the NFAC assessment u/s 143(3), finding no pointed error rendering the assessment erroneous and prejudicial to Revenue. The tribunal held the PCIT merely sought additional information and attempted fishing and roving enquiries, failed to identify any deficiency or adverse inference from the information already on record, and relied on a factually incorrect premise regarding a donation. The appeal was allowed and the PCIT's remand to the AO was invalidated. Case-Laws Income Tax Wed, 10 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780136