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TCG Lifesciences Pvt. Ltd. v. PCIT (2022)100 ITR 52 (SN)(Kol.) (Trib)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Transfer Pricing adjustment-Addition was deleted by Tribunal-Capitalisation of Foreign Exchange fluctuation loss on long-term foreign currency Loan taken for capital expenditure-Revision is not valid [S.43A 92C 143(3)]

Shivam Developers v. PCIT (2022)100 ITR 29 (SN) (Surat) (Trib)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Undisclosed money-Firm-Remuneration to partners-On money-Survey-Declaration-Deduction allowed-Revision is not valid.[S.37,40(b),69A,115BBE]

S. U. Enterprise v. PCIT (2022)100 ITR 27 (SN)(Surat) (Trib)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Provision for expenses-Method of accounting-Issue was examined by the Assessing Officer-Revision is not valid. [S. 37, 143(3) 145]

Pavan Kandkur v. PCIT (2022)100 ITR 47 (SN)(Bang) (Trib)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Cash deposits-Demonetisation period-Withdrawal of appeal and issue settled under Direct Tax Vivad Se Vishwas Act, 2020-Revision is not valid. [S. 68, 143(2) Direct Tax Vivad Se Vishwas Act, 2020, S. 5(3), 8]

Mohsin Zulfikar Koradia v. PCIT (2022)100 ITR 25 (SN)(Ahd) (Trib)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Short term capital gain-Accommodation entries-Penny stock-Plausible view-Revision is not valid [S. 45]

Renu Poddar (Smt.) v. PCIT (2022) 100 ITR 602 (Jaipur)(Trib)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Capital gains-Joint ownership-Revision is held to be not valid. [S. 54F]

Rushabhdev Infra Project Pvt. Ltd. v. PCIT (2022)100 ITR 625 (Ahd)(Trib)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Real estate business-Interest debited to profit and loss account included in capital work-in-progress-Project completion method [S. 145]

Poonawalla Fincorp Ltd. v. PCIT (2022)100 ITR 151 (Kol) (Trib)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Depreciation-Asset financing-Operating lease and Finance Lease-Entitle to depreciation-Excess interest-Rule of consistency-Revision was quashed. [S. 2(28A), 32]

Kalyan Buildmart Pvt. Ltd. v. PCIT (2022)100 ITR 642 ((Jaipur) (Trib)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Assessing Officer applying his mind and taking possible view-Revision order was quashed. [S.56(2)(vii), 92E, 92F]

Hindustan Sales Industrial Corporation v. PCIT (2022)100 ITR 126 (Jaipur) (Trib)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Long-term capital gains-Assessing Officer applied his mind in the course of assessment proceedings-Revision was not valid. [S. 45, 143(3)]