https://www.taxtmi.com/caselaws?id=27890 The High Court of Delhi ruled in favor of the Department, holding that the Commissioner of Income-tax can revise an assessment order under section 263 of the Income-tax Act, 1961, even during pending reassessment proceedings initiated under sections 147 and 148. The Court clarified that reopening an assessment does not automatically cancel the original assessment order, and the Commissioner's jurisdiction allows for enhancing, modifying, or cancelling an assessment. Once the Commissioner revises an assessment, the reassessment proceedings cease, and the original assessment becomes non est. The Court's decision favored the Department, with no order as to costs. en-us Wed, 14 Dec 1983 00:00:00 +0530 Tue, 16 Feb 2010 16:37:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27890 The High Court of Delhi ruled in favor of the Department, holding that the Commissioner of Income-tax can revise an assessment order under section 263 of the Income-tax Act, 1961, even during pending reassessment proceedings initiated under sections 147 and 148. The Court clarified that reopening an assessment does not automatically cancel the original assessment order, and the Commissioner's jurisdiction allows for enhancing, modifying, or cancelling an assessment. Once the Commissioner revises an assessment, the reassessment proceedings cease, and the original assessment becomes non est. The Court's decision favored the Department, with no order as to costs. Case-Laws Income Tax Wed, 14 Dec 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27890