https://www.taxtmi.com/caselaws?id=19042 Bombay HC held that the Commissioner cannot invoke revisional power under section 263 to undo an Income-tax Officer's order rendered on the basis of a binding decision. The court endorsed prior HC precedents recognizing the ITO as a quasi-judicial authority and found no provision in sections 80HH/80J permitting withdrawal of a special deduction for subsequent years unless the relief for the initial year was withdrawn. The Tribunal's allowance was therefore upheld; the question challenging that approach was answered negatively in favour of the assessee and the other question was left undecided. en-us Fri, 16 Oct 1992 00:00:00 +0530 Fri, 24 Oct 2025 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19042 Bombay HC held that the Commissioner cannot invoke revisional power under section 263 to undo an Income-tax Officer's order rendered on the basis of a binding decision. The court endorsed prior HC precedents recognizing the ITO as a quasi-judicial authority and found no provision in sections 80HH/80J permitting withdrawal of a special deduction for subsequent years unless the relief for the initial year was withdrawn. The Tribunal's allowance was therefore upheld; the question challenging that approach was answered negatively in favour of the assessee and the other question was left undecided. Case-Laws Income Tax Fri, 16 Oct 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19042