https://www.taxtmi.com/caselaws?id=188289 The case involved the interpretation of Section 263 of the Income Tax Act, 1961, focusing on the term "record" and the Commissioner's jurisdiction to revise assessment orders based on related proceedings. Justice M.S. Shah's broader interpretation, allowing consideration of records from related proceedings, was upheld. This decision aligned with Supreme Court precedent, enabling the Commissioner to revise orders based on broader record considerations. The outcome favored the Revenue, directing the Tribunal to hear the appeal on remaining grounds after allowing the Commissioner to consider related records under Section 263. en-us Fri, 13 Mar 2015 00:00:00 +0530 Thu, 24 Nov 2016 13:10:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188289 The case involved the interpretation of Section 263 of the Income Tax Act, 1961, focusing on the term "record" and the Commissioner's jurisdiction to revise assessment orders based on related proceedings. Justice M.S. Shah's broader interpretation, allowing consideration of records from related proceedings, was upheld. This decision aligned with Supreme Court precedent, enabling the Commissioner to revise orders based on broader record considerations. The outcome favored the Revenue, directing the Tribunal to hear the appeal on remaining grounds after allowing the Commissioner to consider related records under Section 263. Case-Laws Income Tax Fri, 13 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188289