PCIT’s Can Invoke S. 263 Despite Capital Gains Issue Pending Before CIT(A): ITAT

HomeDirect TaxPCIT’s Can Invoke S. 263 Despite Capital Gains Issue Pending Before CIT(A):...

PCIT’s Can Invoke S. 263 Despite Capital Gains Issue Pending Before CIT(A): ITAT

Direct Tax

Published on

14/11/2025

By Mariya Paliwala

PCIT’s Can Invoke S. 263 Despite Capital Gains Issue Pending Before CIT(A): ITAT

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Income Tax Appellate Tribunal (ITAT), Delhi Bench has upheld the exercise of revisionary jurisdiction by the Principal Commissioner of Income Tax (PCIT) under Section 263 of the Income Tax Act in a case where the dispute on the same issue was already pending before the Commissioner of Income Tax (Appeals) [CIT(A)]. The bench of…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Mariya Paliwala https://www.jurishour.in/

Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Tags
Capital Gains

PCIT’s Can Invoke S. 263 Despite Capital Gains Issue Pending Before CIT(A): ITAT

Membership Required

Latest articles

CESTAT Quashes Rs. 49.70 Lakh Service Tax Demand on Liquor Job Work

Justice Yogesh Khanna Appointed Officiating NCLAT Chairperson: Former Delhi HC Judge to Lead Appellate Tribunal Until Regular Appointment

Andhra Pradesh Star Hotels Seek Restoration of GST ITC, Reduction in Commercial LPG Tax

Single SCN Can’t Cover Multiple FY: Calcutta High Court Quashes Rs. 10.97 Crore GST Demand Against SBI

More like this

CESTAT Quashes Rs. 49.70 Lakh Service Tax Demand on Liquor Job Work

Justice Yogesh Khanna Appointed Officiating NCLAT Chairperson: Former Delhi HC Judge to Lead Appellate Tribunal Until Regular Appointment

Andhra Pradesh Star Hotels Seek Restoration of GST ITC, Reduction in Commercial LPG Tax

About us

Company

Categories