https://www.taxtmi.com/caselaws?id=782197 ITAT held that the PCIT's revision u/s 263 was invalid and quashed the revisional order. Although the AO had not made disallowance u/s 40(a)(ia) for non-deduction of TDS, the PCIT merely set aside the assessment directing the AO to conduct "due verification" without himself examining the issues in detail or recording a categorical finding that the assessment was erroneous and prejudicial to the Revenue. ITAT held that Explanation 2(a) to s.263 does not confer unfettered powers on PCIT. The original assessment was restored and the assessee's appeal allowed. en-us Mon, 27 Oct 2025 00:00:00 +0530 Wed, 26 Nov 2025 08:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782197 ITAT held that the PCIT's revision u/s 263 was invalid and quashed the revisional order. Although the AO had not made disallowance u/s 40(a)(ia) for non-deduction of TDS, the PCIT merely set aside the assessment directing the AO to conduct "due verification" without himself examining the issues in detail or recording a categorical finding that the assessment was erroneous and prejudicial to the Revenue. ITAT held that Explanation 2(a) to s.263 does not confer unfettered powers on PCIT. The original assessment was restored and the assessee's appeal allowed. Case-Laws Income Tax Mon, 27 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782197