When Commissioner as Revisional Authority u/s.263 seeks to exercise his jurisdiction on matters which did not form subject of order of reassessment, period of limitation would begin to run from original order of assessment

CASE LAWS DETAILS DECIDED BY: HIGH COURT OF BOMBAY, IN THE CASE OF: Ashoka Buildcon Ltd. Vs. ACIT,  APPEAL NO: Writ Petition No. 10160 of 2009, DECIDED ON April 23, 2010 RELEVANT PARAGRAPH ORAL JUDGMENT (PER DR. D.Y.CHANDRACHUD, J.) 1) Rule, by consent made returnable forthwith. Counsel for the respondents waives service. With the consent of counsel, the petition is taken up for final hearing. 2) The challenge in this proceeding is to a notice issued by the Commissioner of Income Tax-I, Nashik on 30 April, 2009 seeking to exercise the revisional jurisdiction under Section 263...