https://www.taxtmi.com/caselaws?id=433656 The Tribunal dismissed the assessee's appeal challenging the revisionary order under section 263 of the Income Tax Act, 1961. The revisionary order set aside the assessment for the assessment year 2012-13 due to discrepancies in the assessment process. The Tribunal found the assessee's arguments regarding excess jurisdiction unfounded, noting no overlap between issues in the revisionary order and those under appeal. The Tribunal upheld the revisionary order, stating the assessment for the current year would stand, and dismissed the appeal, rendering the stay petition premature and infructuous. en-us Fri, 03 Feb 2023 00:00:00 +0530 Mon, 06 Feb 2023 09:16:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433656 The Tribunal dismissed the assessee's appeal challenging the revisionary order under section 263 of the Income Tax Act, 1961. The revisionary order set aside the assessment for the assessment year 2012-13 due to discrepancies in the assessment process. The Tribunal found the assessee's arguments regarding excess jurisdiction unfounded, noting no overlap between issues in the revisionary order and those under appeal. The Tribunal upheld the revisionary order, stating the assessment for the current year would stand, and dismissed the appeal, rendering the stay petition premature and infructuous. Case-Laws Income Tax Fri, 03 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433656