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ITATHelps taxpayers.263s.143(3)

Torrent Pharmaceuticals Ltd v DCIT

After Explanation 2 to s.263, can the Commissioner revise simply by saying the enquiry was not thorough enough?

After Explanation 2 to s.263, can the Commissioner revise simply by saying the enquiry was not thorough enough?

No. Explanation 2 is clarificatory and does not dilute the basic requirements of s.263(1). Revision needs a gross inadequacy of enquiry, or an enquiry the record demanded and which was simply not made.

Decided by the ITAT (Income Tax Appellate Tribunal, Ahmedabad Bench 'B' - Pradip Kumar Kedia (Accountant Member) and Mahavir Prasad (Judicial Member); AY 2014-15) on 2018-08-08, reported as [2018] 97 taxmann.com 671 (Ahmedabad - Trib.) / [2018] 173 ITD 130 (Ahmedabad - Trib.) / 196 TTJ 318 (Ahd.)(Trib.); IT Appeal No. 164 (Ahd.) of 2018; AY 2014-15. It bears on section 263, section 143(3) of the Income Tax Act 1961, in Revision & Rectification matters.

Read this before you cite it. This is a Tribunal decision on how Explanation 2 to s.263 is to be read, and outcomes under s.263 turn heavily on what the assessment record actually shows. Benches continue to uphold revisions where the enquiry was genuinely absent, so plead the proposition with High Court authority from your own jurisdiction and with the assessment record in hand rather than on this decision alone.
Still good law. Applied by a later Bench. In Agrani Buildestate v. Pr. CIT [2023] 153 taxmann.com 300 / [2023] 202 ITD 231 (Jaipur - Trib.), decided 3 July 2023 (Sandeep Gosain JM and Rathod Kamlesh Jayantbhai AM, IT Appeal No. 205 (JP) of 2023, AY 2018-19), the Tribunal held that where the assessment had been completed on exhaustive enquiries, Explanation 2 to s.263 cannot override the basic requirements of sub-section (1), and said in terms that it drew strength from this decision, listing it first among the authorities relied on. It quashed the revisional order. The same passage lists Eveready Industries India Ltd. v. Pr. CIT [2020] 114 taxmann.com 610 / 181 ITD 528 (Kol. - Trib.), Amira Pure Foods (P.) Ltd. v. Pr. CIT (IT Appeal No. 3205 (Delhi) of 2017) and Narayan Tatu Rane v. ITO [2016] 70 taxmann.com 227 (Mum. - Trib.) as being to the same effect. Section 263 is carried into the Income-tax Act 2025 as s.260, and no amendment to the revision power or to Explanation 2 was found.

Why it matters

Explanation 2 is the department's standard answer to Malabar Industrial, and it is quoted in almost every s.263 notice. This is the decision that says the Explanation did not rewrite the section — the difference between no enquiry and less enquiry than the Commissioner would have liked still decides the case.

Binding on the AO and CIT(A) within the Tribunal's jurisdiction. Persuasive elsewhere.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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Related

Other authorities on the same sections.

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Notice situations where this decision carries one of the steps.
A revision notice for an issue the original assessment already examinedThe Commissioner wants to revise an item the officer did look at - and is he even in time?