https://www.taxtmi.com/caselaws?id=24706 The Patna HC held that the Commissioner could validly invoke revisionary jurisdiction under section 263(1) of the Income-tax Act to set aside assessments made under section 143(1), and rejected the contention that such power was unavailable on the facts. The Court also dismissed objections that the revisional order was vitiated by breach of natural justice, reliance on surmises and conjectures, or a mechanical exercise of power. Relying on earlier decisions of the same Court involving identical issues, it upheld the revisional orders and answered the reference against the assessee. en-us Fri, 22 Apr 1988 00:00:00 +0530 Thu, 21 Jan 2010 18:09:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24706 The Patna HC held that the Commissioner could validly invoke revisionary jurisdiction under section 263(1) of the Income-tax Act to set aside assessments made under section 143(1), and rejected the contention that such power was unavailable on the facts. The Court also dismissed objections that the revisional order was vitiated by breach of natural justice, reliance on surmises and conjectures, or a mechanical exercise of power. Relying on earlier decisions of the same Court involving identical issues, it upheld the revisional orders and answered the reference against the assessee. Case-Laws Income Tax Fri, 22 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24706