https://www.taxtmi.com/caselaws?id=470267 A revision order under section 263 cannot continue after the Tribunal has remitted the assessment for de novo adjudication on the same issues and assessment year. The earlier remand required a fresh assessment considering all issues; retaining the revision order and the consequential assessment would create impermissible parallel assessment orders for the same assessee, year and issues. The fresh assessment under the remand could also address the issues raised in revision. Accordingly, the revision order was quashed in favour of the assessee. en-us Tue, 18 Mar 2025 00:00:00 +0530 Tue, 21 Jul 2026 19:10:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470267 A revision order under section 263 cannot continue after the Tribunal has remitted the assessment for de novo adjudication on the same issues and assessment year. The earlier remand required a fresh assessment considering all issues; retaining the revision order and the consequential assessment would create impermissible parallel assessment orders for the same assessee, year and issues. The fresh assessment under the remand could also address the issues raised in revision. Accordingly, the revision order was quashed in favour of the assessee. Case-Laws Income Tax Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470267