https://www.taxtmi.com/caselaws?id=781673 ITAT (AT) set aside the PCIT's revisionary order under section 263, holding the PCIT erred in assuming facts without inquiry regarding claimed interest-interest related to non-convertible debentures, not waived OCDs-and thus could not invoke revision. On the education cess issue, ITAT found the assessee had filed Form No.69 consistent with the Finance Act amendment and CBDT notification, rendering the PCIT's disallowance unsustainable. The revision order was quashed and the assessee's appeal allowed. en-us Tue, 30 Sep 2025 00:00:00 +0530 Wed, 19 Nov 2025 08:52:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781673 ITAT (AT) set aside the PCIT's revisionary order under section 263, holding the PCIT erred in assuming facts without inquiry regarding claimed interest-interest related to non-convertible debentures, not waived OCDs-and thus could not invoke revision. On the education cess issue, ITAT found the assessee had filed Form No.69 consistent with the Finance Act amendment and CBDT notification, rendering the PCIT's disallowance unsustainable. The revision order was quashed and the assessee's appeal allowed. Case-Laws Income Tax Tue, 30 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781673