Detailed U/s 153C Enquiry Bars PCIT from Revising Completed Assessment

Sunita Khandelwal Vs PCIT (Central)-1 (ITAT Mumbai) Section 263 Can’t Be Used for Fishing Enquiry: ITAT Mumbai Quashes PCIT Revision in Alankit Group 153C Assessments ITAT Mumbai (G Bench) in Sunita Khandelwal vs PCIT (Central) (ITA Nos. 3451, 3539, 3540 & 3541/Mum/2025; AYs 2015-16, 2016-17, 2018-19 & 2019-20; order dated 23.12.2025) has quashed revisionary orders passed u/s 263, holding that where the AO has already conducted detailed enquiries in 153C proceedings, PCIT cannot invoke s.263 merely by alleging “inadequate enquiry” without demonstrating any specific error or preju...