321 (Del) ETT Ltd. v. CIT

275 Taxmann 394High Court2020#6950 most cited

What is 321 (Del) ETT Ltd. v. CIT authority for?

Revision under section 263 is not sustainable if it is based on the Assessing Officer's failure to consider relevant material, especially when there are two possible views and the AO adopted one. The revision must be based on independent inquiry by the Principal Commissioner, not merely a difference of opinion.

16

judgments rely on this decision, according to BharatTax’s citation analysis of 366,315 Indian tax judgments — from 2021 to 2025.

Also referred to as

263 · revision · inadequate enquiry · lack of enquiry · non application of mind · section 263(1) · two possible views · ETT Ltd. v. CIT · 275 Taxmann 394

Also reported as

120 Taxmann.com 1

Issues it is cited on

Judgments citing 321 (Del) ETT Ltd. v. CIT

The Citizen Co-Op-Society Limited, Hyderabad vs. DCIT., Circle-9(1), Hyderabad

In the result, appeal filed by the assessee is allowed

ITA 388/HYD/2025[2020-21]Status: DisposedITAT Hyderabad30 Jul 2025AY 2020-21

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Manjunatha, G.आ.अपी.सं /Ita No.388/Hyd/2025 (िनधा"रण वष"/Assessment Year: 2020-21) The Citizen Cooperative Vs. Dy.Cit Society Limited, Hyderabad Circle 9 (1) Pan:Aaaat3952F Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Ravi Bharadwaj, Ca राज" व "ारा/Revenue By:: Shri Narender Kumar Naik, Cit (Dr) सुनवाई की तारीख/Date Of Hearing: 07/07/2025 घोषणा की तारीख/Pronouncement: 30/07/2025 आदेश/Order Per Vijay Pal Raothis Appeal Filed By The Assessee Is Directed Against The Revision Order Dated 13/02/2025 Of The Learned Pr. Cit Passed U/S 263 Of The Act For The A.Y.2020-21. 2. The Assessee Has Raised The Following Grounds Of Appeal: “1. The Order Passed By The Learned Principal Commissioner Of Income Tax (Pcit) - Iv U/S 263 Of The Act Is Erroneous Both In Law & Facts Of The Case. 2. The Order Passed By The Learned Principal Commissioner Of Income Tax (Pcit) U/S 263 Of The Act Is Bad In Law & Need To Be Quashed.

For Appellant: Shri Ravi Bharadwaj, CAFor Respondent: : Shri Narender Kumar Naik, CIT (DR)
Section 142(1)Section 143(3)Section 263Section 80P

…ITA No 388 of 2025 Citizen Cooperative Society Ltd Hyderabad आयकर अपील"य अ"धकरण, हैदराबाद पीठ IN THE INCOME TAX APPELLATE TRIBUNAL Hyderabad ‘ DB-B ‘ Bench, Hyderabad Before Shri Vijay Pal Rao, Vice-President A N D Shri Manjunatha, G. Accountant Member आ.अपी.सं /ITA No.388/Hyd/2025 (िनधा"रण वष"/Assessment Year: 2020-21) The Citizen Cooperative Vs. Dy.CIT Society Limited, Hyderabad Circle 9 (1) PAN:AAAAT3952F Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee by: Shri Ravi Bharadwaj, CA राज" व "ारा/Revenue by:: Shri Narender Kumar Naik, CIT (DR) सुनवाई की तारीख/Date of hearing: 07/07/2025 घोषणा की ता…

M/S Pardeep Ispat(P) Ltd., Sirsa vs. Pr.CIT, Rohtak

The appeal of the assessee is allowed

ITA 150/CHANDI/2021[2016-17]Status: DisposedITAT Chandigarh19 Jan 2022AY 2016-17

Bench: Shri Sudhanshu Srivastava & Shri Vikram Singh Yadavआयकरअपीलसं./Ita No.149/Chd/2021 "नधा"रणवष" / Assessment Year :2016-17 Sh. Rajeev Goyal Pr. Commissioner Of Income बनाम M/S R.K. Associates, Tax, Rohtak B.G. Complex Near Ganesh Dharam Kanta, Sirsa -125055, Haryana "थायीलेखासं./Pan No: Aibpg7289A अपीलाथ"/Appellant ""यथ"/Respondent

Section 143(3)Section 263

…आयकर अपील"य अ"धकरण,च"डीगढ़ "यायपीठ, “बी “ च"डीगढ़ IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH, “B”, CHANDIGARH BEFORE SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER & SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER आयकरअपीलसं./ITA No.149/CHD/2021 "नधा"रणवष" / Assessment Year :2016-17 Sh. Rajeev Goyal Pr. Commissioner of Income बनाम M/s R.K. Associates, Tax, Rohtak B.G. Complex Near Ganesh Dharam Kanta, Sirsa -125055, Haryana "थायीलेखासं./PAN NO: AIBPG7289A अपीलाथ"/Appellant ""यथ"/Respondent आयकरअपीलसं./ITA No. 150/CHD/2021 "नधा"रणवष" / Assessment Year : 2016-17 M/s Pardeep Ispat (P) Ltd., Pr. Commissioner of Incom…

321 (Del) ETT Ltd. v. CIT (275 Taxmann 394) — Cited in 16 Judgments | BharatTax