https://www.taxtmi.com/caselaws?id=461270 A consequential reassessment framed only to give effect to an unchallenged section 263 revision order could not be independently impeached, because the reassessment rested on a final and unassailed foundation. The ITAT Cochin held that the assessee could not challenge the resulting assessment without first questioning the revision order itself. Grounds relating to computation of book profit under section 115JB were treated as outside the scope of the appeal in these circumstances, and the challenge to the consequential assessment was held not maintainable. en-us Thu, 26 Sep 2024 00:00:00 +0530 Tue, 25 Mar 2025 20:50:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461270 A consequential reassessment framed only to give effect to an unchallenged section 263 revision order could not be independently impeached, because the reassessment rested on a final and unassailed foundation. The ITAT Cochin held that the assessee could not challenge the resulting assessment without first questioning the revision order itself. Grounds relating to computation of book profit under section 115JB were treated as outside the scope of the appeal in these circumstances, and the challenge to the consequential assessment was held not maintainable. Case-Laws Income Tax Thu, 26 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461270