Revision u/s. 263 wouldn’t survive as assessment order held non-est: ITAT Delhi

Defsys Solutions P. Ltd. Vs PCIT (ITAT Delhi)

ITAT Delhi held that revisionary proceedings under section 263 of the Income Tax Act would not survive since the assessment order is held to be non-est. Thus, appeal dismissed as having become infructuous.

Facts- The assessee in instant appeal has assailed the order of PCIT dated 28.02.2024 passed u/s. 263 of the Act. The PCIT has exercised revisional powers in respect of Final Assessment Order passed u/s. 153A r.w.s 144C(13) of the Act dated 20.01.2023 for AY 2019-20 in the case of assessee.

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