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2022 (3) TMI 959 - ITAT CHENNAIRevision u/s 263 by CIT - Allowability of claim of deduction u/s.80IA - HELD THAT:- We noted that the PCIT himself admits that there are different views possible on this issue and issue is highly debatable. Once the issue is highly debatable no revision is possible invoking the provisions of section 263 of the Act. Hence, we quash the revision order passed by PCIT u/s.263 of the Act and allow the appeal of the assessee.
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