https://www.taxtmi.com/caselaws?id=419983 The Tribunal held that the revisionary jurisdiction exercised by the Ld. PCIT under section 263 was barred by limitation as the issue was not part of the reassessment proceedings but of the original assessment. The reassessment order dated 31.12.2018 could not be revised for an issue unrelated to the reassessment. Consequently, the appeals of the assessee were allowed, and the revisionary jurisdiction was quashed. en-us Wed, 09 Mar 2022 00:00:00 +0530 Thu, 24 Mar 2022 09:22:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419983 The Tribunal held that the revisionary jurisdiction exercised by the Ld. PCIT under section 263 was barred by limitation as the issue was not part of the reassessment proceedings but of the original assessment. The reassessment order dated 31.12.2018 could not be revised for an issue unrelated to the reassessment. Consequently, the appeals of the assessee were allowed, and the revisionary jurisdiction was quashed. Case-Laws Income Tax Wed, 09 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419983