https://www.taxtmi.com/caselaws?id=466189 Revisionary jurisdiction under section 263 was challenged and the revision was quashed, which operated to restore the original assessment; consequent actions by the assessing authority framed as a final assessment under section 143(3) read with the revised exercise were held non-operative and were quashed as well. The Commissioners taxation of income from offshore supply under the special scheme for non-resident operations was treated as erroneous and prejudicial to the interests of revenue, but the appellate process resulted in the revenue appeal being dismissed and the pre-revision assessment position reinstated. en-us Wed, 15 May 2024 00:00:00 +0530 Wed, 28 Jan 2026 18:15:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466189 Revisionary jurisdiction under section 263 was challenged and the revision was quashed, which operated to restore the original assessment; consequent actions by the assessing authority framed as a final assessment under section 143(3) read with the revised exercise were held non-operative and were quashed as well. The Commissioners taxation of income from offshore supply under the special scheme for non-resident operations was treated as erroneous and prejudicial to the interests of revenue, but the appellate process resulted in the revenue appeal being dismissed and the pre-revision assessment position reinstated. Case-Laws Income Tax Wed, 15 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466189