https://www.taxtmi.com/caselaws?id=66212 A limited appellate remand does not annul the original assessment in full; the assessment process continues until the consequential order is passed, so limitation for revision under section 263 runs from that later order. On the subsidy issue, the subsidy treatment had already entered the assessment through reduction of actual cost and allowance of depreciation on the reduced cost, but the Commissioner could not use section 263 to direct assessment of the subsidy as income or compel a fresh depreciation recomputation beyond lawful jurisdiction. The revision was therefore timely, but the subsidy and depreciation directions were struck down for want of jurisdiction. en-us Fri, 23 Dec 1983 00:00:00 +0530 Tue, 22 Feb 2011 15:17:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66212 A limited appellate remand does not annul the original assessment in full; the assessment process continues until the consequential order is passed, so limitation for revision under section 263 runs from that later order. On the subsidy issue, the subsidy treatment had already entered the assessment through reduction of actual cost and allowance of depreciation on the reduced cost, but the Commissioner could not use section 263 to direct assessment of the subsidy as income or compel a fresh depreciation recomputation beyond lawful jurisdiction. The revision was therefore timely, but the subsidy and depreciation directions were struck down for want of jurisdiction. Case-Laws Income Tax Fri, 23 Dec 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66212