https://www.taxtmi.com/caselaws?id=10628 The High Court ruled in favor of the Revenue, emphasizing the retrospective extension of the Commissioner's power under section 263 of the Income-tax Act. The Court held that the power should apply to items not previously considered in appeal, overturning the Tribunal's decision to cancel the order passed by the Commissioner. The judgment clarified the interpretation of section 263 and its impact on assessment orders, based on established legal principles from the Supreme Court. en-us Fri, 04 Mar 2005 00:00:00 +0530 Mon, 20 Jul 2009 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10628 The High Court ruled in favor of the Revenue, emphasizing the retrospective extension of the Commissioner's power under section 263 of the Income-tax Act. The Court held that the power should apply to items not previously considered in appeal, overturning the Tribunal's decision to cancel the order passed by the Commissioner. The judgment clarified the interpretation of section 263 and its impact on assessment orders, based on established legal principles from the Supreme Court. Case-Laws Income Tax Fri, 04 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10628