https://www.taxtmi.com/caselaws?id=291674 The Tribunal allowed the appeal by the assessee, condoning the delay in filing based on partnership dissolution and wrong advice. It held that the AO, not the Commissioner, has the power to trigger revisional jurisdiction and quashed the CIT's decision under section 263. The Tribunal stressed the need to follow statutory provisions and delineated the distinct roles of the AO and Commissioner in assessments. en-us Wed, 28 Nov 2018 00:00:00 +0530 Sat, 21 Nov 2020 10:09:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291674 The Tribunal allowed the appeal by the assessee, condoning the delay in filing based on partnership dissolution and wrong advice. It held that the AO, not the Commissioner, has the power to trigger revisional jurisdiction and quashed the CIT's decision under section 263. The Tribunal stressed the need to follow statutory provisions and delineated the distinct roles of the AO and Commissioner in assessments. Case-Laws Income Tax Wed, 28 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291674