Revision of tax orders allows Commissioners to examine records and pass non-prejudicial orders within set limitation periods. The Principal Commissioner or Commissioner may suo motu or on application call for and examine records and pass orders not prejudicial to the assessee, subject to exclusions for matters with pending or unexpired appeals and prior appellate consideration. Applications must be filed within one year (extendable to two years for sufficient cause) with prescribed fees. Revision is time-barred one year from the end of the financial year of application or one year from the order date for suo motu revision; excluded periods include rehearing time and court-ordered stays. A declinature to interfere is not prejudicial.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Revision of tax orders allows Commissioners to examine records and pass non-prejudicial orders within set limitation periods.
The Principal Commissioner or Commissioner may suo motu or on application call for and examine records and pass orders not prejudicial to the assessee, subject to exclusions for matters with pending or unexpired appeals and prior appellate consideration. Applications must be filed within one year (extendable to two years for sufficient cause) with prescribed fees. Revision is time-barred one year from the end of the financial year of application or one year from the order date for suo motu revision; excluded periods include rehearing time and court-ordered stays. A declinature to interfere is not prejudicial.
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