https://www.taxtmi.com/caselaws?id=22623 A section 263 notice under the Income-tax Act generally does not justify writ interference where the assessee can file an explanation in response and, if an adverse revisional order is later passed, pursue the statutory appeal to the ITAT. The note also records that section 263(2) imposes a limitation period, so if no order is passed within the prescribed time, the notice lapses. On that basis, writ relief was not warranted and the challenge was not entertained. en-us Mon, 10 Sep 1990 00:00:00 +0530 Fri, 11 Dec 2009 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22623 A section 263 notice under the Income-tax Act generally does not justify writ interference where the assessee can file an explanation in response and, if an adverse revisional order is later passed, pursue the statutory appeal to the ITAT. The note also records that section 263(2) imposes a limitation period, so if no order is passed within the prescribed time, the notice lapses. On that basis, writ relief was not warranted and the challenge was not entertained. Case-Laws Income Tax Mon, 10 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22623