https://www.taxtmi.com/caselaws?id=40388 SC held the period of limitation under s.263(2) begins from the date of the assessment order, not from a later reassessment order. The Commissioner's revisional action related to the lease equalisation fund, which was not part of the reassessment, was initiated after the prescribed limitation and therefore was without jurisdiction and void. The revisional proceeding was declared a nullity and the taxpayer's appeal was dismissed. en-us Fri, 27 Jul 2007 00:00:00 +0530 Mon, 15 Sep 2025 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40388 SC held the period of limitation under s.263(2) begins from the date of the assessment order, not from a later reassessment order. The Commissioner's revisional action related to the lease equalisation fund, which was not part of the reassessment, was initiated after the prescribed limitation and therefore was without jurisdiction and void. The revisional proceeding was declared a nullity and the taxpayer's appeal was dismissed. Case-Laws Income Tax Fri, 27 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40388