https://www.taxtmi.com/caselaws?id=24716 An assessment completed in compliance with directions issued under section 144B of the Income-tax Act, 1961 is not immune from revision under section 263. The Court held that where the statutory conditions for revisional jurisdiction are otherwise satisfied, the Commissioner may revise such an assessment notwithstanding the fact that the Income-tax Officer acted on directions of the Inspecting Assistant Commissioner. The operative principle is that compliance with section 144B does not, by itself, oust the Commissioner's power under section 263. en-us Wed, 10 Aug 1988 00:00:00 +0530 Thu, 21 Jan 2010 18:51:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24716 An assessment completed in compliance with directions issued under section 144B of the Income-tax Act, 1961 is not immune from revision under section 263. The Court held that where the statutory conditions for revisional jurisdiction are otherwise satisfied, the Commissioner may revise such an assessment notwithstanding the fact that the Income-tax Officer acted on directions of the Inspecting Assistant Commissioner. The operative principle is that compliance with section 144B does not, by itself, oust the Commissioner's power under section 263. Case-Laws Income Tax Wed, 10 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24716