https://www.taxtmi.com/caselaws?id=62828 The Tribunal held that the Commissioner of Income-tax lacked jurisdiction to revise assessments already covered by limitation under section 263(2) of the Income-tax Act, as amended in 1984. Relying on legal precedents, the Tribunal found that the orders made by the Commissioner were void ab initio due to the expiration of the limitation period before the amended provision came into effect. Consequently, the Tribunal ruled the impugned orders as without jurisdiction and non est in law, canceling them and allowing the appeals in favor of the assessees. en-us Fri, 19 Jun 1987 00:00:00 +0530 Sat, 22 Jan 2011 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62828 The Tribunal held that the Commissioner of Income-tax lacked jurisdiction to revise assessments already covered by limitation under section 263(2) of the Income-tax Act, as amended in 1984. Relying on legal precedents, the Tribunal found that the orders made by the Commissioner were void ab initio due to the expiration of the limitation period before the amended provision came into effect. Consequently, the Tribunal ruled the impugned orders as without jurisdiction and non est in law, canceling them and allowing the appeals in favor of the assessees. Case-Laws Income Tax Fri, 19 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62828