S. 263 : Commissioner-Revision of orders prejudicial to revenue-Limited scrutiny-PCIT cannot travel beyond the Limited scrutiny Investment-Investment reflected in balance sheet-Furnished basic details-Direction was modified to consider the investment made in the course of the set aside proceedings. [S. 143(3)]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Lack of adequate opportunity-Basic enquiries are not conducted by the PCIT-Revision order was quashed.[S. 143(3)]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Reassessment was done on account of capital gains-Assessing Officer is not making any addition on capital gain-Addition was made on account of sale of shares-Revision order on other issues is not valid in law. [S. 45, 54, 143(3), 147, 148]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Lack of proper enquiry-Delayed deposit of the employees’ contribution towards Provident fund-Revision is not valid [S. 36(1)(va),43B, 80P(2)(a)(i)]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Proposal sent by the Assessing Officer-AO cannot use the power of the CTT and recommend a revision-CIT having passed the order on the basis of the proposal sent by the AO, it is a case of jurisdiction deficit-Order was quashed on legal issue. [S. 143(3), 147, 154]

S. 263: Commissioner-Revision of orders prejudicial to revenue-Proper enquiry was made in the course of original assessment proceedings-Revision order was quashed.[S.68, 69A, 142(1)]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Long term finance-Interest on income tax refund-Re-possessed vehicles treating as bad debt-Non disallowance of unpaid leave encashment-Pendency of appeal before CIT(A)-No merger-Revision is justified-Partly quashed. [S. 36(1)(viia), 36(1)(viii), 250]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Share capital-Cash credits-Evidences in the form of confirmation letters were produced in the original assessment proceedings-Additional evidence by Revenue-Charge sheet in criminal proceedings-Not relevant to issue-Additional evidence is not admitted-Revision order was quashed. [S. 2(24), 28(iv), 56(2)(vii)(b), 68, 254(1), ITAT R. 29, CrPC, S. 161, 164]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Repayment of loan-Cash deposited in the bank-Examined by the Assessing Officer-Revision order was quashed. [S. 269T]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Licence fee-Disallowance on ad-hoc basis-Non application of mind-Revision order was quashed. [S. 37(1)]