https://www.taxtmi.com/caselaws?id=781097 ITAT GUWAHATI - AT set aside the CIT(A) order and directed the AO to delete additions made for cash bank deposits, accepting the assessee's explanation that deposits arose from bank withdrawals. The Tribunal held the PCIT's revision under section 263 invalid because the assessee had already appealed the assessment to the CIT(A) when revision was exercised, rendering the revision and consequential assessment framed under sections 143(3)/263 unsustainable. Appeals of the assessee were allowed. en-us Thu, 06 Nov 2025 00:00:00 +0530 Tue, 11 Nov 2025 08:20:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781097 ITAT GUWAHATI - AT set aside the CIT(A) order and directed the AO to delete additions made for cash bank deposits, accepting the assessee's explanation that deposits arose from bank withdrawals. The Tribunal held the PCIT's revision under section 263 invalid because the assessee had already appealed the assessment to the CIT(A) when revision was exercised, rendering the revision and consequential assessment framed under sections 143(3)/263 unsustainable. Appeals of the assessee were allowed. Case-Laws Income Tax Thu, 06 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781097