https://www.taxtmi.com/caselaws?id=60185 The Tribunal held that the Commissioner of Income Tax (CIT) lacked jurisdiction to revise an assessment order under section 263 of the Income Tax Act as the assessment order had merged with the order of the Appellate Authority Commissioner (AAC). Therefore, the CIT's decision to set aside the Income Tax Officer's order and direct a re-assessment was deemed invalid. The Tribunal upheld the assessee's appeal, ruling in favor of the lack of jurisdiction of the CIT to revise the assessment order under section 263. en-us Fri, 30 Jan 1981 00:00:00 +0530 Tue, 04 Jan 2011 11:43:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60185 The Tribunal held that the Commissioner of Income Tax (CIT) lacked jurisdiction to revise an assessment order under section 263 of the Income Tax Act as the assessment order had merged with the order of the Appellate Authority Commissioner (AAC). Therefore, the CIT's decision to set aside the Income Tax Officer's order and direct a re-assessment was deemed invalid. The Tribunal upheld the assessee's appeal, ruling in favor of the lack of jurisdiction of the CIT to revise the assessment order under section 263. Case-Laws Income Tax Fri, 30 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60185