TaxTMI 
TaxTMI 
Revision of other orders - Section 264
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....IT/CCIT/PCIT/CIT) call for the record of any proceeding under this Act in which any such order has been passed and may make such inquiry or cause such inquiry to be made and, subject to the provisions of this Act, may pass such order thereon, not being an order prejudicial to the assessee, as he thinks fit. [ section 264(1) ] Modes of Revision * Suo motu (on their own motion): The authorit....
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....o know of it, whichever is earlier :. * However, that the PCCIT/CCIT/PCIT/CIT may, if he is satisfied that the assessee was prevented by sufficient cause from making the application within that period, admit an application made after the expiry of that period. [ section 264(3) ] * If assessee has applied for revision the CIT/PCIT/CCIT/PCCIT has to pass an order within 1 year from the....
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.... of the order vacating the stay was received by the jurisdictional Principal Commissioner or Commissioner (Substituted vide Section 78 of the Finance Act, 2025) ]. [ Section 264(6) ] * Notwithstanding anything contained in Section 264(6), an order in revision under sub-section (6) may be passed at any time in consequence of or to give effect to any finding or direction contained i....
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....eal is pending * where the order is pending on an appeal before the Deputy Commissioner (Appeals); or * Where the order has been appealed * where the order has been made the subject of an appeal to the Joint Commissioner (Appeals) or the Commissioner (Appeals) or to the Appellate Tribunal. Fees * Every application by an assessee for revision under this section shall be acc....