PCIT Can’t Initiate Revision Based on document not forming part of Assessment

Visu Casement Pvt. Ltd. Vs PCIT (ITAT Ahmedabad)

Introduction: In the case of Visu Casement Pvt. Ltd. vs. PCIT (ITAT Ahmedabad), the Assessee challenged the order of the Principal Commissioner of Income Tax-2, Vadodara, regarding the assessment for the Assessment Year 2015-2016. The key issue revolved around the PCIT’s assertion that the original assessment under section 143(3) of the Income Tax Act was erroneous and prejudicial to revenue.

Detailed Analysis: The Assessee, a pr

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