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2022 (12) TMI 1362 - HC - Income TaxRevision u/s 263 by CIT - ITAT held that the Ld. PCIT has no jurisdiction u/s 263 - As per CIT AO failed to make inquires or verification which should have been made on account of reduction in liabilities and no inquiries or verification on the disallowance of TCS amount - HELD THAT:- We are of the opinion that in view of findings of fact arrived at by the Tribunal as referred to here-in-above, and in view of settled legal position with respect to invoking jurisdiction under section 263 of the Act, 1961, there is no infirmity in the impugned order passed by the Tribunal so as to give rise to any question of law much-less any substantial question of law as proposed or otherwise.
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