https://www.taxtmi.com/caselaws?id=339084 The Tribunal allowed both appeals of the Assessee, quashing the Commissioner of Income Tax's orders under section 263 for both assessment years. The Tribunal held that the Commissioner's actions were without jurisdiction due to the limitation period being computed from the original assessment order and the absence of demonstrable errors in the orders subject to revision. The issues raised by the Commissioner were deemed not part of the reassessment proceedings, leading to the Tribunal concluding in favor of the Assessee. en-us Fri, 20 Jan 2017 00:00:00 +0530 Sun, 19 Feb 2017 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339084 The Tribunal allowed both appeals of the Assessee, quashing the Commissioner of Income Tax's orders under section 263 for both assessment years. The Tribunal held that the Commissioner's actions were without jurisdiction due to the limitation period being computed from the original assessment order and the absence of demonstrable errors in the orders subject to revision. The issues raised by the Commissioner were deemed not part of the reassessment proceedings, leading to the Tribunal concluding in favor of the Assessee. Case-Laws Income Tax Fri, 20 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339084