Time-limit to exercise revisionary power to be computed from original assessment date as concerned issue was never remanded

HIGH COURT OF GUJARAT Assistant Commissioner of Income-tax Versus Modern Cement Industries Ltd. TAX APPEAL NO. 1560 OF 2011 OCTOBER 16, 2012 ORDER Ms. Harsha Devani, J. The appellant-revenue has challenged order dated 30th June, 2011 passed by the Income Tax Appellate Tribunal (hereinafter referred to as “the Tribunal”) by proposing the following questions:-  I.  “Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in quashing the order passed u/s. 263 of the I.T. Act, holding that the Ld. Commissioner has acted beyond ...