https://www.taxtmi.com/caselaws?id=425289 The Tribunal held that revision under section 263 could not be invoked on an issue of 100% deduction under section 80IC for substantial expansion where the same question had already been decided in appeal for the same assessment year. Once the Tribunal had conclusively determined the subject matter, the assessment order and appellate order merged with that decision, barring the revisional authority from reopening the identical issue. The section 263 action was therefore held invalid and quashed. en-us Tue, 14 Jun 2022 00:00:00 +0530 Tue, 19 Jul 2022 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425289 The Tribunal held that revision under section 263 could not be invoked on an issue of 100% deduction under section 80IC for substantial expansion where the same question had already been decided in appeal for the same assessment year. Once the Tribunal had conclusively determined the subject matter, the assessment order and appellate order merged with that decision, barring the revisional authority from reopening the identical issue. The section 263 action was therefore held invalid and quashed. Case-Laws Income Tax Tue, 14 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425289