HomeDirect TaxPCIT’s Can Invoke S. 263 Despite Capital Gains Issue...

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

14/11/2025

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

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

Tags
Capital Gains

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

Mariya is the Senior Editor at Juris Hour. She has 5+ 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 as a freelance tax reporter in the leading online legal news companies like LiveLaw & Taxscan.

Constitutional Validity of 180-Day ITC Reversal Rule Under GST: Gujarat HC Issues Notice

Suit For Specific Performance Not Maintainable Without Challenging Termination of Agreement to Sell: Supreme Court

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

Membership Required

Suit For Specific Performance Not Maintainable Without Challenging Termination of Agreement to Sell: Supreme Court

Constitutional Validity of 180-Day ITC Reversal Rule Under GST: Gujarat HC Issues Notice

Income Tax Dept. launches major verification drive against fake HRA claims

Suit For Specific Performance Not Maintainable Without Challenging Termination of Agreement to Sell: Supreme Court

Constitutional Validity of 180-Day ITC Reversal Rule Under GST: Gujarat HC Issues Notice

Income Tax Dept. launches major verification drive against fake HRA claims

Cenvat Credit Distributed By ISD Can’t Be Disallowed For Procedural Reasons: CESTAT

Suit For Specific Performance Not Maintainable Without Challenging Termination of Agreement to Sell: Supreme Court

Constitutional Validity of 180-Day ITC Reversal Rule Under GST: Gujarat HC Issues Notice

Income Tax Dept. launches major verification drive against fake HRA claims

Cenvat Credit Distributed By ISD Can’t Be Disallowed For Procedural Reasons: CESTAT

Xiaomi Involved In Customs Duty Evasion By Not Disclosing Royalty And Licence Fee Payments: CESTAT Upholds Demand

Mall’s Engagement of Parking Operator Is Not Leasing; Service Tax Exemption Under Notification 25/2012 Still Applies: CESTAT

CESTAT Quashes Rs. 3.15-Crore Service Tax Demand Against Construction Firm; Exemption for Mandi Parishad Projects Upheld

Cabinet Clears Credit Guarantee Scheme for Exporters to Boost Liquidity and Drive USD 1 Trillion Export Goal

Centre Imposes 5 Year Anti-Dumping Duty on Vietnam Steel Imports

Centre Introduces Two New Pension Investment Options Allowing Higher Equity Exposure for Government Employees

ED Conducts Raids on Businessman Vikas Garg in Rs. 190-Crore Customs Duty Evasion & Money Laundering Case

Chemicals Found in Drums Near Farm Well for Drug Manufacturing In Revdar (Sirohi); Five Arrested

Suit For Specific Performance Not Maintainable Without Challenging Termination of Agreement to Sell: Supreme Court

Constitutional Validity of 180-Day ITC Reversal Rule Under GST: Gujarat HC Issues Notice

Income Tax Dept. launches major verification drive against fake HRA claims