Held that revision order cannot be passed if valid assessment does not exist, on the facts the Tribunal has quashed the assessment order under section 153A read with section 143(3) of the Act. Revision order is quashed. (AY. 2010-11)
Salarpuria Properties (P) Ltd v. PCIT (2023) 223 TTJ 644 (Kol)(Trib)
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Assessment quashed by Tribunal-Revision order is bad in law. [S. 143(3), 153A]