Prior approval requirement for appellate-order revisions mandates supervisory consent before effecting substantial tax or duty adjustments. Income-tax Officers must obtain the prior approval of the Inspecting Assistant Commissioner before giving effect to revisions consequent on appellate orders when the tax effect exceeds Rs. 1 lakh; similarly, Assistant Controllers in Estate Duty must secure Deputy Controller approval for appellate-order adjustments reducing principal value or involving Estate Duty exceeding Rs. 1 lakh.
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.
Prior approval requirement for appellate-order revisions mandates supervisory consent before effecting substantial tax or duty adjustments.
Income-tax Officers must obtain the prior approval of the Inspecting Assistant Commissioner before giving effect to revisions consequent on appellate orders when the tax effect exceeds Rs. 1 lakh; similarly, Assistant Controllers in Estate Duty must secure Deputy Controller approval for appellate-order adjustments reducing principal value or involving Estate Duty exceeding Rs. 1 lakh.
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