When AO Verifies Agricultural Income, PCIT Cannot Revise: ITAT Chandigarh

Satyapal Singh Chauhan HUF Vs ITO (ITAT Chandigarh) When AO Makes Inquiry, PCIT Cannot Step In – ITAT Chandigarh Quashes PCIT’s Revision u/s 263 – AO Had Already Verified Agricultural Income Background Assessee HUF owns 36 acres of agricultural land with tubewell connection, regularly declaring substantial agricultural income: AY 2018-19 – ₹26.94 lakh (accepted u/s 143(1)) AY 2019-20 – ₹29.79 lakh (accepted u/s 143(1)) AY 2020-21 – ₹34.47 lakh (accepted u/s 143(3)) For AY 2020-21, case was selected under CASS for limited scrutiny on agricultural income. AO issued de...