https://www.taxtmi.com/caselaws?id=214198 The Tribunal quashed the revision order passed under Section 263 of the Income Tax Act, finding it unsustainable due to discrepancies between the grounds for revision and those on which the proceedings were initiated. The Commissioner's change in stance and failure to provide adequate opportunity to address new grounds invalidated the proceedings. The Tribunal emphasized that further inquiry could only be directed if the original finding was proven erroneous, which was not the case here. The appeal was allowed, and the revision order was set aside. en-us Fri, 30 Mar 2012 00:00:00 +0530 Thu, 09 Feb 2017 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214198 The Tribunal quashed the revision order passed under Section 263 of the Income Tax Act, finding it unsustainable due to discrepancies between the grounds for revision and those on which the proceedings were initiated. The Commissioner's change in stance and failure to provide adequate opportunity to address new grounds invalidated the proceedings. The Tribunal emphasized that further inquiry could only be directed if the original finding was proven erroneous, which was not the case here. The appeal was allowed, and the revision order was set aside. Case-Laws Income Tax Fri, 30 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214198