Matter already considered and decided by CIT(A) cannot be re-considered in revision proceeding

Vikram Bajaj Vs CIT (ITAT Delhi) ITAT Delhi held that once a matter has been considered and decided by the ld.CIT(A), the very same issue cannot be the subject matter of consideration at all by PCIT in the revision proceedings either on substantive basis or on protective basis. Accordingly, revision order quashed. Facts- A search and seizure action was carried out at the various premises of the Bajaj Group and its associates including the assessee. AO alleged that there were some registered sale deeds of immovable properties made by the assessee and Smt. Shrikanta Bajaj to the tune of Rs.5,18,...