https://www.taxtmi.com/caselaws?id=411099 The High Court held that the revision proceedings under Section 263(1) of the Income Tax Act were time-barred as they were initiated beyond the prescribed limitation period of two years from the date of the original assessment order. The Court emphasized the importance of adhering to the limitation period and considering issues from the original assessment order when determining the applicability of the limitation period for revision proceedings. The tax case appeal was dismissed. en-us Tue, 10 Aug 2021 00:00:00 +0530 Thu, 28 Apr 2022 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411099 The High Court held that the revision proceedings under Section 263(1) of the Income Tax Act were time-barred as they were initiated beyond the prescribed limitation period of two years from the date of the original assessment order. The Court emphasized the importance of adhering to the limitation period and considering issues from the original assessment order when determining the applicability of the limitation period for revision proceedings. The tax case appeal was dismissed. Case-Laws Income Tax Tue, 10 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411099