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of <h1>Tax authority may revise subordinate orders within one year of communication; revision barred if statutory appeal available or pending</h1> The competent tax authority may revise subordinate orders (other than those excluded) on its own motion or on an assessee's application by calling records, making inquiries and passing orders not prejudicial to the assessee. The authority cannot suo motu revise orders older than one year; an application must be filed within one year of communication or knowledge, with late filing allowed for sufficient cause. Revision is barred while a statutory appeal is available, not waived, or pending. Applications require a prescribed fee and must be decided within one year from the end of the financial year, subject to specified exclusions and minimum time extensions; authority may also act to give effect to appellate or court findings.
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