Petition to PCIT for Revision Under Section 264 — Template
Ready-to-use draft reply template for revision of order in favor of assessee under Section 264 under the Income Tax Act. Includes format, legal references, and compliance notes. Illustrative only — customize based on your specific case facts and professional advice.
Response Deadline: As specified in the notice (typically 15-30 days)
Filing: E-filing portal (incometax.gov.in) → Pending Actions → Response to Notices
When Do You Receive This Notice?
revision of order in favor of assessee under Section 264 is issued by the Assessing Officer / CPC when Section 264 provisions are triggered. You must respond within the time specified in the notice — failure to respond can result in best judgment assessment, penalty, and prosecution.
Draft Reply
To,
The Principal Commissioner of Income Tax
[Jurisdiction]
Subject: Application for Revision u/s 264 — PAN: [PAN] — AY [Year]
Respected Sir/Madam,
The undersigned requests revision of the assessment order / intimation dated [Date] under Section 264 on the following grounds:
1. The order is erroneous/unjust because [specific ground — e.g., deduction wrongly disallowed, income doubly taxed, TDS credit not granted, exemption available but not claimed].
2. No appeal is pending before any authority for this AY.
3. This application is within 1 year from the date of the order.
Relief sought: [Specific relief — e.g., allow 80C deduction of Rs. 1.5 lakh, grant TDS credit of Rs. 50,000, delete addition of Rs. 2 lakh].
[Name] | [PAN] | Date: [Date]
Key Compliance Notes
Key: (a) Section 264 = revision IN FAVOR of assessee (unlike Section 263 which is against). (b) Available if no appeal is pending. (c) Time limit: 1 year from date of order. (d) PCIT has wide discretion — can call for records, examine, and pass any order. (e) This is a useful remedy when you missed the 30-day appeal deadline but discovered an error within 1 year. (f) PCIT can grant relief even without formal application if she/he finds the order is erroneous.
Documents to Attach
| # | Document | Purpose |
|---|---|---|
| 1 | Copy of the notice received | Reference |
| 2 | Copy of ITR filed for the relevant AY | Proof of filing |
| 3 | Computation of income with supporting schedules | Substantiation |
| 4 | All documentary evidence supporting your position | Evidence |
| 5 | Bank statements, Form 26AS, AIS for the relevant period | Verification |