Section 263 Invoked Because Education Cess Claim Was Not Examined in Limited Scrutiny

Insight Print Communications Private Limited Vs PCIT (ITAT Mumbai)

ITAT Mumbai Upholds PCIT’s Revision u/s 263 for Allowing Higher Education Cess as Business Expense Despite Faceless Assessment

he Mumbai ITAT “C” Bench dismissed the appeal of Insight Print Communications Pvt. Ltd. and upheld the revisionary order passed by PCIT, Mumbai-4 u/s 263 for AY 2020-21, holding that allowance of Higher Education Cess as a business expenditure rendered the assessment order erroneous & p

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