ITAT Deletes Section 263 Revision, Holds Explained Purchase Difference Cannot Make Assessment Prejudicial to Revenue:
ITAT quashes Section 263 revision, holding that the alleged Rs 49.59 lakh purchase difference was duly reconciled with TCS and GST figures in Form 26AS.
ITAT Finds No Revenue Prejudice in Rs 49.59 Lakh Purchase Difference
Saloni Kumari
Aug 25, 2026
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ITAT Deletes Section 263 Revision, Holds Explained Purchase Difference Cannot Make Assessment Prejudicial to Revenue
ITAT quashes Section 263 revision, holding that the alleged Rs 49.59 lakh purchase difference was duly reconciled with TCS and GST figures in Form 26AS.
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Saloni Kumari
Content Writer
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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