https://www.taxtmi.com/caselaws?id=18022 The Court held that the Commissioner lacked jurisdiction to initiate proceedings under section 263 of the Income-tax Act when the original assessment order had been rectified before the initiation of proceedings. The Court emphasized that the Commissioner's power to revise orders is based on the existence of an erroneous order at the time of initiation. Relying on legal precedent, the Court ruled in favor of the assessee, directing that proceedings should be based on the original order. The Tribunal's decision upholding the Commissioner's jurisdiction was deemed unjustified, and the case was disposed of without costs. en-us Tue, 19 Mar 1996 00:00:00 +0530 Sat, 26 Sep 2009 12:37:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18022 The Court held that the Commissioner lacked jurisdiction to initiate proceedings under section 263 of the Income-tax Act when the original assessment order had been rectified before the initiation of proceedings. The Court emphasized that the Commissioner's power to revise orders is based on the existence of an erroneous order at the time of initiation. Relying on legal precedent, the Court ruled in favor of the assessee, directing that proceedings should be based on the original order. The Tribunal's decision upholding the Commissioner's jurisdiction was deemed unjustified, and the case was disposed of without costs. Case-Laws Income Tax Tue, 19 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18022