{"id":65479,"date":"2026-11-05T14:19:53","date_gmt":"2026-11-05T08:49:53","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-delhi-gurgaon-super-connectivity-ltd-2025-174-taxmann-com-1003-2026-487-itr-173-delhihc\/"},"modified":"2026-11-05T14:19:53","modified_gmt":"2026-11-05T08:49:53","slug":"pcit-v-delhi-gurgaon-super-connectivity-ltd-2025-174-taxmann-com-1003-2026-487-itr-173-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-delhi-gurgaon-super-connectivity-ltd-2025-174-taxmann-com-1003-2026-487-itr-173-delhihc\/","title":{"rendered":"PCIT v. Delhi Gurgaon Super Connectivity Ltd. [2025] 174 taxmann.com 1003 \/ (2026) 487 ITR 173 (Delhi)(HC)"},"content":{"rendered":"<p><strong>\u00a0<\/strong>Assessee-company was engaged in the business of maintaining toll plaza and collecting toll. During assessment proceedings, assessee submitted a list of sundry creditors. Assessing Officer accepted assessee&#8217;s submissions at face value without raising any queries or seeking clarifications. However, Deputy Commissioner (Investigation) verified the first entry of the list of sundry creditors pertaining to one company and found it to be bogus. He opined that other entries in list of sundry creditors might also be fictitious and, therefore, action under section 263 was necessitated. Commissioner noted that though a list of sundry creditors was filed by assessee, confirmation of parties or copy of ledger account of sundry creditors was still not provided, and therefore, genuineness and creditworthiness of sundry creditors could not be verified even during proceedings under section 263. He, thus, held that the assessment order was erroneous since the same was passed without making any inquiries qua, and verification of transactions pertaining to sundry creditors. Tribunal quashed the revision order. On appeal, the Court held that since only one entry, out of 70 entries in the list of sundry creditors, had been checked and verified from records available with the Deputy Commissioner (Investigation), and the same was found to be bogus, by setting aside the assessment order, the Commissioner acted within the scope of its revisional jurisdiction, ensuring that deficiencies in the assessment process were rectified in accordance with law. Court also held that the\u00a0 time limit for completion of assessment stipulated under section 153 does not apply to any assessment, reassessment or recomputation which is made, inter alia, to give effect to any finding or direction contained in an order passed under section 263.(AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263: Commissioner-Revision of orders prejudicial to revenue-Sundry creditors-Assessment order was passed without making inquiries-Revision order affirmed-Time limit for completion of assessment stipulated under section 153 does not apply to any assessment, reassessment or recomputation which is made, inter alia, to give effect to any finding or direction contained in an order passed under section 263 [S. 152(6) 153(1), 153(2), 254(1), 260A]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-65479","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-h27","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=65479"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65479\/revisions"}],"predecessor-version":[{"id":65480,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65479\/revisions\/65480"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=65479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=65479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=65479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}