https://www.taxtmi.com/caselaws?id=442934 The Court dismissed the writ petition challenging the legality of Ext P5 order passed by the Principal Commissioner of Income Tax. The Court upheld the Commissioner's authority to revise the assessment order under Sec. 263 of the Income Tax Act, even during the pendency of an appeal. It was concluded that the first respondent had the power to issue Ext P5 order, allowing the petitioner to challenge future orders in accordance with the law, despite the pending appeal against Ext P1 order. en-us Fri, 08 Sep 2023 00:00:00 +0530 Wed, 13 Sep 2023 09:14:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442934 The Court dismissed the writ petition challenging the legality of Ext P5 order passed by the Principal Commissioner of Income Tax. The Court upheld the Commissioner's authority to revise the assessment order under Sec. 263 of the Income Tax Act, even during the pendency of an appeal. It was concluded that the first respondent had the power to issue Ext P5 order, allowing the petitioner to challenge future orders in accordance with the law, despite the pending appeal against Ext P1 order. Case-Laws Income Tax Fri, 08 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442934