https://www.taxtmi.com/caselaws?id=62880 The Tribunal upheld the Commissioner's order under section 263, finding the Assessing Officer's order erroneous due to unpaid sales-tax and non-disallowance under relevant sections of the Income-tax Act. The retrospective amendment to section 43B rendered the original order erroneous, justifying the Commissioner's intervention. Despite the Assessee's argument that the Assessing Officer followed Tribunal decisions, the Tribunal considered the impact of the amended law. The Tribunal also held that the Commissioner had jurisdiction under section 263 to revise the order, as Explanation C empowered consideration of matters not decided in appeals, supporting the dismissal of the Assessee's appeal. en-us Thu, 11 Jul 1991 00:00:00 +0530 Sat, 22 Jan 2011 13:20:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62880 The Tribunal upheld the Commissioner's order under section 263, finding the Assessing Officer's order erroneous due to unpaid sales-tax and non-disallowance under relevant sections of the Income-tax Act. The retrospective amendment to section 43B rendered the original order erroneous, justifying the Commissioner's intervention. Despite the Assessee's argument that the Assessing Officer followed Tribunal decisions, the Tribunal considered the impact of the amended law. The Tribunal also held that the Commissioner had jurisdiction under section 263 to revise the order, as Explanation C empowered consideration of matters not decided in appeals, supporting the dismissal of the Assessee's appeal. Case-Laws Income Tax Thu, 11 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62880