https://www.taxtmi.com/caselaws?id=190429 An assessment order passed under section 143(3) read with section 144B of the Income-tax Act, 1961 is not immune from revision under section 263 merely because that assessment procedure was used. The Tribunal had relied on an earlier Special Bench view barring such revision, but that view was later reversed by the Andhra Pradesh High Court, and the Gujarat High Court agreed with that reversal. The legal effect is that the Commissioner's revisional power under section 263 remains available even where the original assessment was made under section 143(3) read with section 144B, and the revision is not invalid on that ground alone. en-us Mon, 09 Jul 2001 00:00:00 +0530 Wed, 15 Feb 2017 12:23:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190429 An assessment order passed under section 143(3) read with section 144B of the Income-tax Act, 1961 is not immune from revision under section 263 merely because that assessment procedure was used. The Tribunal had relied on an earlier Special Bench view barring such revision, but that view was later reversed by the Andhra Pradesh High Court, and the Gujarat High Court agreed with that reversal. The legal effect is that the Commissioner's revisional power under section 263 remains available even where the original assessment was made under section 143(3) read with section 144B, and the revision is not invalid on that ground alone. Case-Laws Income Tax Mon, 09 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190429