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2018 (10) TMI 722 - AT - Income TaxAdministrative Commissioner jurisdiction to pass order u/s 263 as against draft assessment order - Draft assessment already merged with the final assessment order - Held that:- As in assessee’s own case for assessment year 2010-2011 [2017 (1) TMI 1422 - ITAT COCHIN] had held that draft assessment order cannot be revised u/s 263 of the I.T.Act. It is informed that the said order (supra) of the Tribunal in assessee’s own case is pending adjudication before the Hon’ble High Court. We also noticed that the Delhi Bench of the Tribunal in the case of Bausch & Lomb India Pvt.Ltd. v. ACIT [2017 (12) TMI 348 - ITAT DELHI] was of the view that the Administrative Commissioner does not have power to revise the draft assessment order. We hold that the CIT is not justified in invoking his revisionary jurisdiction u/s 263 of the I.T.Act as against the draft assessment order, which in this case already merged with the final assessment order dated 25.01.2017. It is ordered accordingly.
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