Assessment Under Section 44AD Instead of 44ADA: HC Upholds Section 263 Revision

Harjot Singh Vs Principal Commissioner Income Tax-Central (Punjab  High Court)

Assessment of Income Under Section 44AD instead of 44ADA: HC Upholds Section 263 revision

In a recent ruling, the Punjab and Haryana High Court upheld the Principal Commissioner of Income Tax-Central’s (PCIT) revision order under Section 263 of the Income Tax Act, 1961, in the case of Harjot Singh. The court confirmed that the assessment should have been conducted under Section 44ADA, not Section 44AD.

Case Background: The appeal was filed ag

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