https://www.taxtmi.com/caselaws?id=186854 The amended definition of "local authority" in section 10(20) of the Income-tax Act, 1961 is exhaustive and governs eligibility after 1 April 2003, so status cannot be assumed from general law or a State notification. Where the assessment records show acceptance of that status without proper examination of the amended provision and the factual basis for the claim, the order is erroneous and prejudicial to the interests of the Revenue. Separate denial of exemption under section 10(20) does not remove prejudice if the statutory status itself was wrongly conferred. A revision under section 263 is therefore valid where the Commissioner directs fresh inquiry and reassessment without deciding entitlement on merits. en-us Tue, 19 Apr 2011 00:00:00 +0530 Mon, 03 Oct 2016 10:23:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186854 The amended definition of "local authority" in section 10(20) of the Income-tax Act, 1961 is exhaustive and governs eligibility after 1 April 2003, so status cannot be assumed from general law or a State notification. Where the assessment records show acceptance of that status without proper examination of the amended provision and the factual basis for the claim, the order is erroneous and prejudicial to the interests of the Revenue. Separate denial of exemption under section 10(20) does not remove prejudice if the statutory status itself was wrongly conferred. A revision under section 263 is therefore valid where the Commissioner directs fresh inquiry and reassessment without deciding entitlement on merits. Case-Laws Income Tax Tue, 19 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186854