https://www.taxtmi.com/caselaws?id=19100 HC held the Appellate Tribunal correctly set aside the Commissioner's s.263 revision because the Commissioner failed to determine both required elements-error and that the error was prejudicial to the Revenue-and did not address that allowing the revision would cause double taxation. The Court found no showing of loss to Revenue and therefore no jurisdiction for s.263 revision; accordingly the Revenue's reference was disposed of, the substantive question was not answered because the assessee did not appear, and the matter was dismissed with no order as to costs. en-us Mon, 17 Oct 1994 00:00:00 +0530 Thu, 16 Oct 2025 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19100 HC held the Appellate Tribunal correctly set aside the Commissioner's s.263 revision because the Commissioner failed to determine both required elements-error and that the error was prejudicial to the Revenue-and did not address that allowing the revision would cause double taxation. The Court found no showing of loss to Revenue and therefore no jurisdiction for s.263 revision; accordingly the Revenue's reference was disposed of, the substantive question was not answered because the assessee did not appear, and the matter was dismissed with no order as to costs. Case-Laws Income Tax Mon, 17 Oct 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19100