Power of revision under tax law restricted where acquisition orders approved by Commissioner are not revisable. The Board directs that the Power of Revision under the Income-tax Act cannot be exercised by a Commissioner to revise acquisition orders issued by the Competent Authority where those orders were made under the acquisition provision and were passed with the approval of the Commissioner; strict adherence to this administrative limitation is required.
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.
Power of revision under tax law restricted where acquisition orders approved by Commissioner are not revisable.
The Board directs that the Power of Revision under the Income-tax Act cannot be exercised by a Commissioner to revise acquisition orders issued by the Competent Authority where those orders were made under the acquisition provision and were passed with the approval of the Commissioner; strict adherence to this administrative limitation is required.
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