https://www.taxtmi.com/caselaws?id=466915 The note addresses limitation for commissioner revisions under the income tax revision power, clarifying that the two year limitation period is to be reckoned from the assessment order that gives rise to the subject matter of revision. Where a reassessment was made for distinct issues and the revision challenge concerns matters originating in the original assessment (for example allowance of standard deduction), the limitation period does not run from the reassessment order but from the original assessment order; consequently revision proceedings directed solely at original assessment issues are time barred if beyond that period. en-us Mon, 24 Feb 2025 00:00:00 +0530 Thu, 26 Feb 2026 03:24:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466915 The note addresses limitation for commissioner revisions under the income tax revision power, clarifying that the two year limitation period is to be reckoned from the assessment order that gives rise to the subject matter of revision. Where a reassessment was made for distinct issues and the revision challenge concerns matters originating in the original assessment (for example allowance of standard deduction), the limitation period does not run from the reassessment order but from the original assessment order; consequently revision proceedings directed solely at original assessment issues are time barred if beyond that period. Case-Laws Income Tax Mon, 24 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466915