https://www.taxtmi.com/caselaws?id=348892 The Tribunal allowed the appeals for assessment years 2006-07 and 2007-08, setting aside the revision orders under section 263. It was held that the Principal Commissioner of Income Tax's revision order was not sustainable on technical grounds and merits. The assessment order had already become final, and revising it would lead to conflicting orders for the same year. Moreover, the Principal Commissioner failed to demonstrate any prejudice to the Revenue, leading to the dismissal of the revision orders. en-us Wed, 09 Aug 2017 00:00:00 +0530 Tue, 03 Oct 2017 06:33:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348892 The Tribunal allowed the appeals for assessment years 2006-07 and 2007-08, setting aside the revision orders under section 263. It was held that the Principal Commissioner of Income Tax's revision order was not sustainable on technical grounds and merits. The assessment order had already become final, and revising it would lead to conflicting orders for the same year. Moreover, the Principal Commissioner failed to demonstrate any prejudice to the Revenue, leading to the dismissal of the revision orders. Case-Laws Income Tax Wed, 09 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348892