https://www.taxtmi.com/caselaws?id=793896 A revisional order under section 263 was found unsustainable because the assessee was given only one day to respond to the show-cause notice, which the ITAT majority held was not a reasonable opportunity of hearing and breached the principles of natural justice under section 263(1). The defect did not invalidate the revision proceedings entirely; the proper course was to set aside the impugned order and remand the matter to the Principal Commissioner for fresh adjudication after granting adequate opportunity of hearing. The dissenting view differed on the merits and also favoured remand in light of deficiencies in the assessment and revisional process. en-us Mon, 22 Jun 2026 00:00:00 +0530 Wed, 24 Jun 2026 13:05:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793896 A revisional order under section 263 was found unsustainable because the assessee was given only one day to respond to the show-cause notice, which the ITAT majority held was not a reasonable opportunity of hearing and breached the principles of natural justice under section 263(1). The defect did not invalidate the revision proceedings entirely; the proper course was to set aside the impugned order and remand the matter to the Principal Commissioner for fresh adjudication after granting adequate opportunity of hearing. The dissenting view differed on the merits and also favoured remand in light of deficiencies in the assessment and revisional process. Case-Laws Income Tax Mon, 22 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793896