https://www.taxtmi.com/caselaws?id=471400 Revisionary jurisdiction under Section 263 requires a legally valid assessment order as its foundation. Where the reassessment notice under Section 148 is issued after expiry of the limitation period prescribed by Section 149(1)(b), the resulting reassessment under Sections 147 and 144B lacks legal validity. Electronic proceedings records may establish the actual date of issue despite inconsistent dates recorded in assessment or revision orders. Consequently, revision under Section 263 cannot be sustained when it is founded on an invalid, time-barred reassessment order. en-us Mon, 07 Apr 2025 00:00:00 +0530 Tue, 01 Sep 2026 19:02:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471400 Revisionary jurisdiction under Section 263 requires a legally valid assessment order as its foundation. Where the reassessment notice under Section 148 is issued after expiry of the limitation period prescribed by Section 149(1)(b), the resulting reassessment under Sections 147 and 144B lacks legal validity. Electronic proceedings records may establish the actual date of issue despite inconsistent dates recorded in assessment or revision orders. Consequently, revision under Section 263 cannot be sustained when it is founded on an invalid, time-barred reassessment order. Case-Laws Income Tax Mon, 07 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471400