https://www.taxtmi.com/caselaws?id=462928 The ITAT Raipur held that the revision order passed under section 263 was invalid as the Assessing Officer failed to provide the assessee an opportunity of being heard, violating the principles of natural justice. The court emphasized that section 263 mandates giving the assessee a hearing before any order enhancing or modifying the assessment is passed. Citing Supreme Court precedents, the tribunal affirmed that failure to afford a fair hearing renders the revisional order legally unsustainable. Consequently, the impugned revision order was quashed for non-compliance with the audi alteram partem rule, reinforcing that no order prejudicial to the revenue can be passed without giving the assessee a chance to defend themselves. en-us Mon, 11 Oct 2021 00:00:00 +0530 Fri, 25 Jul 2025 08:28:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462928 The ITAT Raipur held that the revision order passed under section 263 was invalid as the Assessing Officer failed to provide the assessee an opportunity of being heard, violating the principles of natural justice. The court emphasized that section 263 mandates giving the assessee a hearing before any order enhancing or modifying the assessment is passed. Citing Supreme Court precedents, the tribunal affirmed that failure to afford a fair hearing renders the revisional order legally unsustainable. Consequently, the impugned revision order was quashed for non-compliance with the audi alteram partem rule, reinforcing that no order prejudicial to the revenue can be passed without giving the assessee a chance to defend themselves. Case-Laws Income Tax Mon, 11 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462928