https://www.taxtmi.com/caselaws?id=337180 Assessments completed under section 153A read with section 143(3) after approval under section 153D were treated as not ordinarily amenable to revision under section 263 on the same issues, so the revisional jurisdiction was found unsustainable. The Tribunal also held that revision was not justified on the merits: the section 14A disallowance issue for earlier years was debatable and had already been restricted in the assessee's own case, while depreciation on the Hyderabad unit could not be denied merely because the unit was non-functional where block-of-assets depreciation remained allowable and no contrary material was shown. The revisional order was set aside and the appeals were allowed. en-us Fri, 23 Dec 2016 00:00:00 +0530 Wed, 04 Jan 2017 08:57:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337180 Assessments completed under section 153A read with section 143(3) after approval under section 153D were treated as not ordinarily amenable to revision under section 263 on the same issues, so the revisional jurisdiction was found unsustainable. The Tribunal also held that revision was not justified on the merits: the section 14A disallowance issue for earlier years was debatable and had already been restricted in the assessee's own case, while depreciation on the Hyderabad unit could not be denied merely because the unit was non-functional where block-of-assets depreciation remained allowable and no contrary material was shown. The revisional order was set aside and the appeals were allowed. Case-Laws Income Tax Fri, 23 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337180