https://www.taxtmi.com/caselaws?id=33418 SC held that the CIT's suo motu revision power under s.263 is supervisory and may be exercised only if the order is erroneous and causes prejudice to revenue; here the higher authority (CIT Shimla) lacked jurisdiction to issue directions, making consequent notices under s.148 and the s.263 order invalid. The Court found the assessment order, having been made at the instance of higher authorities, to be a nullity and directed that fresh assessment proceedings be conducted by the appropriate assessing authority. Appeals were disposed with those directions. en-us Wed, 06 May 2009 00:00:00 +0530 Thu, 25 Sep 2025 15:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33418 SC held that the CIT's suo motu revision power under s.263 is supervisory and may be exercised only if the order is erroneous and causes prejudice to revenue; here the higher authority (CIT Shimla) lacked jurisdiction to issue directions, making consequent notices under s.148 and the s.263 order invalid. The Court found the assessment order, having been made at the instance of higher authorities, to be a nullity and directed that fresh assessment proceedings be conducted by the appropriate assessing authority. Appeals were disposed with those directions. Case-Laws Income Tax Wed, 06 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33418