https://www.taxtmi.com/caselaws?id=298121 The appeals challenged the jurisdiction of the Commissioner under section 263 of the Income-tax Act, 1961, regarding assessments completed under sections 143(3) r.w.s. 153A and 153C. The Tribunal held that when assessments were finalized with approval under section 153D, the Commissioner could not invoke revisionary powers under section 263. Consequently, the Commissioner's orders were deemed invalid and all appeals were allowed in favor of the assessee. The decision emphasized the boundaries of the Commissioner's revisionary authority in cases where assessments were completed with prior approval. en-us Wed, 14 Nov 2018 00:00:00 +0530 Fri, 05 Aug 2022 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298121 The appeals challenged the jurisdiction of the Commissioner under section 263 of the Income-tax Act, 1961, regarding assessments completed under sections 143(3) r.w.s. 153A and 153C. The Tribunal held that when assessments were finalized with approval under section 153D, the Commissioner could not invoke revisionary powers under section 263. Consequently, the Commissioner's orders were deemed invalid and all appeals were allowed in favor of the assessee. The decision emphasized the boundaries of the Commissioner's revisionary authority in cases where assessments were completed with prior approval. Case-Laws Income Tax Wed, 14 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298121