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Income Tax | AO Disallowed 25% of Purchases; PCIT Wanted 100%: Mumbai ITAT Quashes Section 263 Revision

28 Sept 2026 · 28 Sept 2026By CA Vijayakumar ShettySource: TaxGuru

ITAT Mumbai quashes Section 263 revision where AO examined disputed purchases and the same issues were already pending before CIT(A). The post AO Disallowed 25% of Purchases; PCIT Wanted 100%: Mumbai ITAT Quashes Section 263 Revision appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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