Sec. 263 of Income-tax Act, 1961— Revision - Since, the AO examined the issue in question in detail on account of limited scrutiny assessment on exactly on the point in issue and decided the case accordingly, therefore, there was no justification for the Principal CIT to invoke the jurisdiction under s. 263 of the IT Act, 1961. Thus, the impugned order of the Principal CIT passed under s. 263 of the IT Act, 1961 is set aside and the assessment order restored. - MAGIC LANDCON LLP V/s PR. CIT - [2020] 204 TTJ 785 (ITAT-DELHI)