AdvertisementPCIT-9 Vs Pramod Kumar Tekriwal (Calcutta High Court)The Calcutta High Court dismissed the Revenue’s appeals filed under Section 260A of the Income Tax Act, 1961, challenging the common order of the Income Tax Appellate Tribunal, “B” Bench, Kolkata in ITA No. Based on these facts, it concluded that the assumption of jurisdiction by the PCIT under Section 263 was erroneous. 263 of the Income Tax Act, 1961 was not in tune with the facts and evidences on record ? Thus, on facts, the tribunal concluded that assumption of jurisdiction by the PCIT under section 263 of the Act was erroneous. We find that there is no question of law, much less substantial question of law arising in this appeal.