Petition to PCIT for Revision Under Section 264 — Template
Ready-to-use draft reply template for revision in favor of assessee by Principal Commissioner 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 in favor of assessee by Principal Commissioner 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 under Section 264 — PAN: [PAN] — AY [Year]
The assessment order/intimation dated [Date] for AY [Year] contains the following error prejudicial to me: [Detail — deduction wrongly denied, income doubly assessed, TDS credit not given, etc.]
No appeal has been filed against this order. The application is within 1 year from the date of the order. I/we request revision of the order to correct the above error and grant appropriate relief.
Key Compliance Notes
Key: Section 264 is a remedy when you miss the 30-day appeal deadline to CIT(A) — you have 1 year to apply for revision to PCIT. Conditions: (a) no appeal pending before CIT(A)/ITAT, (b) within 1 year of order, (c) prejudicial to assessee. PCIT has wide discretion — can modify, annul, or enhance. Fee: as prescribed.
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 |