ITAT Upholds Section 263 Revision Based on DVO Report Received After Assessment:
The ITAT Ahmedabad held PCIT validly invoked Section 263 after DVO report revealed undervaluation affecting capital gains.
Subsequent DVO Report Forms Part of Record for Section 263 Proceedings
Meetu Kumari
Jul 20, 2026Premium
ITAT Upholds Section 263 Revision Based on DVO Report Received After Assessment
The ITAT Ahmedabad held PCIT validly invoked Section 263 after DVO report revealed undervaluation affecting capital gains.
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Meetu Kumari
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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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Jodhpur, Rajasthan, India
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