https://www.taxtmi.com/caselaws?id=23112 The Orissa HC considered whether the Commissioner could invoke revisional power under section 263 of the Income-tax Act despite completed assessment proceedings and the availability of reopening under section 147. It noted that section 263 contains no restriction preventing revision merely because an assessment has already been made after enquiry. The Court accepted that, on the material on record, the Commissioner could form the view that further enquiry was necessary. It therefore found no question of law calling for a reference and upheld the revisional action under section 263, rejecting the petition. en-us Fri, 20 Jul 1990 00:00:00 +0530 Thu, 19 Dec 2019 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23112 The Orissa HC considered whether the Commissioner could invoke revisional power under section 263 of the Income-tax Act despite completed assessment proceedings and the availability of reopening under section 147. It noted that section 263 contains no restriction preventing revision merely because an assessment has already been made after enquiry. The Court accepted that, on the material on record, the Commissioner could form the view that further enquiry was necessary. It therefore found no question of law calling for a reference and upheld the revisional action under section 263, rejecting the petition. Case-Laws Income Tax Fri, 20 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23112