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Income Tax | PCIT Cannot Revise Bogus Purchase Addition Where Two Views Possible: ITAT Delhi

27 Sept 2026 · 27 Sept 2026By CA Sandeep KanoiSource: TaxGuru

ITAT Delhi quashed Section 263 revision enhancing bogus purchase disallowance from 25% to 100%, holding that two views were possible. The post PCIT Cannot Revise Bogus Purchase Addition Where Two Views Possible: ITAT Delhi appeared first on TaxGuru .

Attribution

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

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