Dismissing the appeal of the revenue the Tribunal held that , order passed pursuant to the order passed by the Principal Commissioner under section 263 . Since the order under section 263 had been quashed by the Tribunal, all resultant proceedings including the present appeals would not survive.( AY.2011-12)
ACIT v .Oscar Investment Ltd. (2020) 81 ITR 81 (SN) (Delhi) (Trib)
S.143(3) : Assessment -Revision — Addition made pursuant to revisional order — Tribunal quashing revisional order — Resultant Proceedings would not survive [ S.14A, 115JB , 254(1), 263 ]