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of <h1>Supreme Court demands nationwide data on pending cases involving IT Act Section 263 before March 10, 2016.</h1> The Central Board of Direct Taxes requests information on pending litigation concerning the revisional powers of the Commissioner of Income Tax under section 263 of the Income Tax Act, 1961. This pertains to orders issued by the Inspecting Assistant Commissioner before amendments in 1984 and 1988. The Supreme Court has asked the Revenue to identify similar cases nationwide, with a deadline for submission by March 10, 2016, ahead of the next hearing on March 17, 2016. If no information is provided, it will be assumed that no such cases are pending.
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