https://www.taxtmi.com/caselaws?id=238778 The High Court affirmed the Tribunal's decision, upholding the Commissioner's exercise of revisional powers under Section 263 of the Income Tax Act. The Court emphasized the need for fresh consideration by the assessing authority, without influence from prior assessments. It found no grounds to interfere with the decisions made, dismissing the appeal and confirming the orders issued under Section 263. en-us Thu, 17 Oct 2013 00:00:00 +0530 Fri, 31 Jan 2014 17:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238778 The High Court affirmed the Tribunal's decision, upholding the Commissioner's exercise of revisional powers under Section 263 of the Income Tax Act. The Court emphasized the need for fresh consideration by the assessing authority, without influence from prior assessments. It found no grounds to interfere with the decisions made, dismissing the appeal and confirming the orders issued under Section 263. Case-Laws Income Tax Thu, 17 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238778