https://www.taxtmi.com/caselaws?id=470502 Revisionary jurisdiction cannot be used to re-examine a bad-debt deduction claim that was verified and accepted in both the scrutiny assessment and reassessment proceedings. The notes state that the claim related to bad debts written off against provisions created before the statutory treatment applicable to co-operative banks, and that its treatment had already been examined. A further revision requiring verification of the same issue would unsettle completed assessments. The revision order was therefore described as without jurisdiction, and the bad-debt deduction claim as allowable. en-us Tue, 28 Jun 2022 00:00:00 +0530 Wed, 29 Jul 2026 18:28:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470502 Revisionary jurisdiction cannot be used to re-examine a bad-debt deduction claim that was verified and accepted in both the scrutiny assessment and reassessment proceedings. The notes state that the claim related to bad debts written off against provisions created before the statutory treatment applicable to co-operative banks, and that its treatment had already been examined. A further revision requiring verification of the same issue would unsettle completed assessments. The revision order was therefore described as without jurisdiction, and the bad-debt deduction claim as allowable. Case-Laws Income Tax Tue, 28 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470502