https://www.taxtmi.com/caselaws?id=374426 The appeal was dismissed due to a delay of 760 days in filing against the order passed under Section 263. The CIT's direction to withdraw exemption under Section 54B was upheld, but the Tribunal found the order confusing and allowed the assessee to appeal. The CIT(A) was directed to adjudicate the appeal on merits, emphasizing the importance of clear directions in revision orders. The appeals were allowed for statistical purposes, with the matter remitted back to the CIT(A) for a fresh decision on the merits. en-us Wed, 30 Jan 2019 00:00:00 +0530 Thu, 31 Jan 2019 12:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374426 The appeal was dismissed due to a delay of 760 days in filing against the order passed under Section 263. The CIT's direction to withdraw exemption under Section 54B was upheld, but the Tribunal found the order confusing and allowed the assessee to appeal. The CIT(A) was directed to adjudicate the appeal on merits, emphasizing the importance of clear directions in revision orders. The appeals were allowed for statistical purposes, with the matter remitted back to the CIT(A) for a fresh decision on the merits. Case-Laws Income Tax Wed, 30 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374426