https://www.taxtmi.com/caselaws?id=413820 The Tribunal ruled in favor of the assessee, holding that an assessment order lacking legal effect cannot be revised under section 263 of the Income Tax Act. The incorrect framing of the assessment order under section 143(3) instead of section 153A rendered it void ab initio, leading to the quashing of the revisional order by the PCIT. en-us Mon, 11 Oct 2021 00:00:00 +0530 Thu, 21 Oct 2021 08:18:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413820 The Tribunal ruled in favor of the assessee, holding that an assessment order lacking legal effect cannot be revised under section 263 of the Income Tax Act. The incorrect framing of the assessment order under section 143(3) instead of section 153A rendered it void ab initio, leading to the quashing of the revisional order by the PCIT. Case-Laws Income Tax Mon, 11 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413820