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Section 263 Revision Rejected as AO Took One of Two Possible Views
Case Law Details
- Case Name
- PCIT Vs Rukmani Devi Jain (Allahabad High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Allahabad High Court
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PCIT Vs Rukmani Devi Jain (Allahabad High Court)
The Revenue filed appeals under Section 260A of the Income Tax Act challenging a common order dated 22 April 2025 passed by the Income Tax Appellate Tribunal, Agra Bench, in relation to Assessment Years 2015-16 and 2016-17. The Tribunal had allowed the assessee’s appeals against the Principal Commissioner of Income Tax’s order issued under Section 263. The assessee had earlier been assessed under Section 143(3). For A.Y. 2015-16, the assessee declared sales of ₹74.32 lakh and a net profit of ₹5.94 lakh under Section 44AD...






