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2023 (1) TMI 471 - AT - Income TaxRevision u/s 263 - assessee’s claim by way of provisions was disallowed and added to the assessee’s returned income - HELD THAT:- It is not in dispute that the aforesaid revisionary order of the learned PCIT has been quashed by Coordinate Bench in the case of DLF Garden City Indore Pvt. Ltd [2022 (9) TMI 1081 - ITAT DELHI]. It follows that the aforesaid assessment order passed in pursuance of the aforesaid revisionary order has no legs to stand; and that in effect the original assessment order stands restored and further that the impugned appellate order dated 04/02/2020 of the learned CIT(A) is of no relevance at present. In view of the foregoing, the first two grounds of appeal in the present appeal before us have become merely academic and need not be adjudicated. Further, respectfully following the aforesaid order dated 07/09/2022 in the case of DLF Garden City Indore Pvt. Ltd. (supra) of Co-ordinate Bench of ITAT, Delhi, we hold, in respect of the third ground of appeal, that the original assessment orders the effective assessment order as on date; and we direct the Assessing Officer to treat the original assessment order as restored at present. Accordingly, third ground of appeal in the present appeal before us is treated as allowed.
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