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2022 (1) TMI 633 - AT - Income TaxRevision u/s 263 by CIT - order Barred by limitation - HELD THAT:- We are of the considered view that revision order passed by the learned PCIT dated 23.03.2020 is barred by limitation in terms of section 263(2) of the Act, because, said order was passed after expiry of two years from the end of financial year in which order sought to be revised was passed. Hence, we quash revision order passed by the learned PCIT u/s.263 of the Income Tax Act, 1961. Appeal filed by the assessee is allowed.
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