Revision of Reassessment Order Not Valid if no additions were made based on reasons for reopening

Paramjit Singh Vs PCIT (ITAT Delhi) Introduction: The case of Paramjit Singh Vs PCIT (ITAT Delhi) revolves around an appeal filed by the assessee against the order of the ld. PCIT, Rohtak, dated 17th February 2022, framed under section 263 of the Income-tax Act, 1961, pertaining to the Assessment Year 2012-13. Detailed Analysis: The grievances presented by the assessee highlight concerns regarding the jurisdiction assumed by the Principal Commissioner of Income Tax (PCIT) under section 263. The appellant contests the decision, arguing errors in law, incorrect factual findings, and a violation ...