https://www.taxtmi.com/caselaws?id=189594 The court held that the Commissioner had jurisdiction to revise the assessment order under Section 263, even if the order had been appealed and disposed of by the Commissioner (Appeals), provided the matters in question were not considered and decided in the appeal. The Explanation to Section 263(1) was deemed to have retrospective effect, clarifying that the Commissioner's revisionary powers extended to all matters not addressed in the appellate order. Consequently, the court answered the question in the negative, in favor of the revenue, and against the assessee. en-us Fri, 14 Jan 1994 00:00:00 +0530 Fri, 13 Jan 2017 15:47:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189594 The court held that the Commissioner had jurisdiction to revise the assessment order under Section 263, even if the order had been appealed and disposed of by the Commissioner (Appeals), provided the matters in question were not considered and decided in the appeal. The Explanation to Section 263(1) was deemed to have retrospective effect, clarifying that the Commissioner's revisionary powers extended to all matters not addressed in the appellate order. Consequently, the court answered the question in the negative, in favor of the revenue, and against the assessee. Case-Laws Income Tax Fri, 14 Jan 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189594