https://www.taxtmi.com/caselaws?id=186678 The Tribunal allowed the appeal of the assessee, finding that the assumption of jurisdiction under section 263 of the Act by the Commissioner of Income Tax was invalid as the show-cause notice was issued by the ITO (Technical) and not by the Commissioner. The Tribunal held that only the Commissioner has the authority to invoke revisional jurisdiction and examine the record of proceedings. As a result, the Tribunal did not delve into the merits of the case due to the flawed assumption of jurisdiction, ultimately ruling in favor of the assessee. en-us Tue, 28 Feb 2012 00:00:00 +0530 Tue, 27 Sep 2016 15:44:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186678 The Tribunal allowed the appeal of the assessee, finding that the assumption of jurisdiction under section 263 of the Act by the Commissioner of Income Tax was invalid as the show-cause notice was issued by the ITO (Technical) and not by the Commissioner. The Tribunal held that only the Commissioner has the authority to invoke revisional jurisdiction and examine the record of proceedings. As a result, the Tribunal did not delve into the merits of the case due to the flawed assumption of jurisdiction, ultimately ruling in favor of the assessee. Case-Laws Income Tax Tue, 28 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186678