https://www.taxtmi.com/caselaws?id=374368 The High Court ruled in favor of the assessee, setting aside the orders under Section 263 for the assessment years in question. The Court held that the revision was beyond the limitation period and that the assessment orders had merged with the appellate orders, making them not revisable under Section 263. Compliance with conditions for deductions under the Income Tax Act and adherence to limitation periods for revising assessments were emphasized. en-us Thu, 17 Jan 2019 00:00:00 +0530 Thu, 04 Apr 2019 18:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374368 The High Court ruled in favor of the assessee, setting aside the orders under Section 263 for the assessment years in question. The Court held that the revision was beyond the limitation period and that the assessment orders had merged with the appellate orders, making them not revisable under Section 263. Compliance with conditions for deductions under the Income Tax Act and adherence to limitation periods for revising assessments were emphasized. Case-Laws Income Tax Thu, 17 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374368