Revenue appeal dismissed in absence of any substantial question of law: Allahabad HC

PCIT Vs Sampark Management Consultancy LLP (Allahabad High Court) Allahabad High Court held that no substantial question of law arise since Tribunal after thorough scrutiny concluded that invocation of revisionary proceedings u/s. 263 by PCIT was without any base. Thus, appeal filed by revenue dismissed. Facts- The present appeal is preferred by the revenue under Section 260A of the Income Tax Act, 1961 against order dated 22.03.2024 passed by the Income Tax Appellate Tribunal. Vide the said order, the appeal filed by the respondent-assessee against order dated 27.03.2022 passed by the Princip...