https://www.taxtmi.com/caselaws?id=781680 ITAT, Delhi set aside the PCIT's revision order under s.263 that invoked Explanation 2 without issuing a show-cause notice or affording the assessee an opportunity to be heard. The tribunal held such invocation violated principles of natural justice and was unsustainable, following prior HC and SC precedents on the issue. Consequently the s.263 order was quashed and the assessee's appeal allowed. en-us Mon, 27 Oct 2025 00:00:00 +0530 Wed, 19 Nov 2025 08:52:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781680 ITAT, Delhi set aside the PCIT's revision order under s.263 that invoked Explanation 2 without issuing a show-cause notice or affording the assessee an opportunity to be heard. The tribunal held such invocation violated principles of natural justice and was unsustainable, following prior HC and SC precedents on the issue. Consequently the s.263 order was quashed and the assessee's appeal allowed. Case-Laws Income Tax Mon, 27 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781680