PCIT Overreach Defeats Revision on Depreciation and CSR Claims

Sabarmati Gas Limited Vs PCIT (ITAT Ahmedabad) 263 Overreach Checked: ITAT Quashes PCIT Revision on Additional Depreciation, CSR & Rent Issues ITAT Ahmedabad “D” Bench, in Sabarmati Gas Ltd. vs Pr. CIT (ITA No.1219/Ahd/2025, AY 2020-21; order dated 24.12.2025), has allowed the assessee’s appeal and set aside the revision order passed u/s 263, holding that the PCIT travelled beyond the scope of the show-cause notice and merely substituted his opinion for that of the AO. The PCIT invoked section 263 alleging lack of inquiry on three issues—additional depreciation u/s 32(1)(iia) of �...