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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Commissioner Can Revise Income Tax Orders u/s 263 if Parts Are Severable, Says Ministry of Law.</h1> The Public Accounts Committee noted that the Commissioner could not rectify a mistake under section 263 of the Income Tax Act, 1961, due to a prior decision by the Appellate Assistant Commissioner, based on a Supreme Court ruling. This situation was seen as detrimental to revenue interests. Following consultation with the Ministry of Law, it was clarified that the Commissioner can revise parts of the Income-tax Officer's order not addressed by the Appellate Assistant Commissioner, provided they are severable. Commissioners of Income-tax are advised to carefully scrutinize orders to determine their revisability under section 263.
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