PCIT Cannot Order Roving Enquiries Without Proving AO’s View Was Erroneous: ITAT Quashes 263 Order

Dabur India Limited Vs PCIT (ITAT Delhi) 263 Quashed: ITAT Delhi Holds PCIT Cannot Order Roving Enquiries Without Proving AO’s View Was Erroneous & Prejudicial Dabur India Ltd appealed against the revisionary order passed u/s 263, wherein PCIT held that the assessment u/s 143(3) dated 29.10.2021 was “erroneous & prejudicial to the interests of Revenue” because the AO allegedly failed to make proper enquiries on deductions claimed u/s 80IA, 80IC, 80JJAA, 80G, 35(1), 35(2AB), 14A, ICD adjustments & duty drawback reconciliation. Assessee argued that its units claiming deduction ...