https://www.taxtmi.com/caselaws?id=782278 ITAT Kolkata set aside the PCIT's revision order u/s 263 concerning deduction u/s 80G. The Tribunal observed that although the tax audit report erroneously mentioned nil deduction under Chapter VIA, the assessee had already added back the donation in the profit and loss account and correctly claimed 50% deduction amounting to Rs. 8,28,001. The assessee had also furnished all relevant evidence, including the 80G certificate, in response to AO's notice u/s 142(1). ITAT held that the assessment u/s 143(3) was neither erroneous nor prejudicial to the interests of Revenue, rendering the assumption of jurisdiction by PCIT invalid. The assessee's appeal was allowed. en-us Wed, 30 Jul 2025 00:00:00 +0530 Thu, 27 Nov 2025 08:36:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782278 ITAT Kolkata set aside the PCIT's revision order u/s 263 concerning deduction u/s 80G. The Tribunal observed that although the tax audit report erroneously mentioned nil deduction under Chapter VIA, the assessee had already added back the donation in the profit and loss account and correctly claimed 50% deduction amounting to Rs. 8,28,001. The assessee had also furnished all relevant evidence, including the 80G certificate, in response to AO's notice u/s 142(1). ITAT held that the assessment u/s 143(3) was neither erroneous nor prejudicial to the interests of Revenue, rendering the assumption of jurisdiction by PCIT invalid. The assessee's appeal was allowed. Case-Laws Income Tax Wed, 30 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782278