https://www.taxtmi.com/caselaws?id=780297 ITAT AHMEDABAD - AT upheld the PCIT's revision under s.263, dismissing all grounds raised by the assessee. The Bench found the AO's unilateral allowance of 85% expenditure was erroneous and prejudicial, and rightly set aside for fresh examination. The assessee's plea about lack of s.143(2) notice was rejected as irrelevant to the revision appeal. The claim of separate exemptions under s.10(23C)(iiiad) failed for non-compliance, absence of the claim in the return, and lack of verifiable recognition for multiple institutions; related issues remain open before the CIT(A). en-us Fri, 26 Sep 2025 00:00:00 +0530 Tue, 28 Oct 2025 08:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780297 ITAT AHMEDABAD - AT upheld the PCIT's revision under s.263, dismissing all grounds raised by the assessee. The Bench found the AO's unilateral allowance of 85% expenditure was erroneous and prejudicial, and rightly set aside for fresh examination. The assessee's plea about lack of s.143(2) notice was rejected as irrelevant to the revision appeal. The claim of separate exemptions under s.10(23C)(iiiad) failed for non-compliance, absence of the claim in the return, and lack of verifiable recognition for multiple institutions; related issues remain open before the CIT(A). Case-Laws Income Tax Fri, 26 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780297