https://www.taxtmi.com/caselaws?id=58485 The Tribunal held that the Commissioner of Income Tax (CIT) had no jurisdiction to revise the assessment under section 263 as the allowance in question was made by the Income-tax Appellate Commissioner (IAC) under section 144B, not the Income Tax Officer (ITO). Additionally, the Tribunal ruled that once an assessment order has been appealed, the CIT cannot revise it under section 263. Therefore, the CIT's order was deemed without jurisdiction, leading to the cancellation of the order and allowing the appeal filed by the assessee company. en-us Fri, 31 Aug 1984 00:00:00 +0530 Mon, 20 Dec 2010 12:03:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58485 The Tribunal held that the Commissioner of Income Tax (CIT) had no jurisdiction to revise the assessment under section 263 as the allowance in question was made by the Income-tax Appellate Commissioner (IAC) under section 144B, not the Income Tax Officer (ITO). Additionally, the Tribunal ruled that once an assessment order has been appealed, the CIT cannot revise it under section 263. Therefore, the CIT's order was deemed without jurisdiction, leading to the cancellation of the order and allowing the appeal filed by the assessee company. Case-Laws Income Tax Fri, 31 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58485