https://www.taxtmi.com/caselaws?id=264787 The ITAT upheld the CIT's revision of assessment orders u/s 263 for the AY 2003-04, emphasizing the importance of considering agricultural and pension income for a comprehensive assessment. The ITAT found the original assessment orders erroneous and directed the quantification and taxation of these incomes, stressing the necessity of examining all income sources for accurate tax liabilities. The ITAT supported the CIT's decision to set aside the assessment orders and directed the AO to reconsider agricultural and pension income independently during reassessment, dismissing the appeals. en-us Fri, 10 Oct 2014 00:00:00 +0530 Sat, 03 Oct 2015 09:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264787 The ITAT upheld the CIT's revision of assessment orders u/s 263 for the AY 2003-04, emphasizing the importance of considering agricultural and pension income for a comprehensive assessment. The ITAT found the original assessment orders erroneous and directed the quantification and taxation of these incomes, stressing the necessity of examining all income sources for accurate tax liabilities. The ITAT supported the CIT's decision to set aside the assessment orders and directed the AO to reconsider agricultural and pension income independently during reassessment, dismissing the appeals. Case-Laws Income Tax Fri, 10 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264787