ITR
Revision notice served after the time limit
Updated . Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.
Facts
What matters is the date of the revision order, which must be within 2 years from the end of the financial year of the assessment order. A notice alone does not extend the limit.
Provisions and law
- Sec 263, Income-tax Act 1961 (now Sec 377, Income-tax Act 2025)The Principal Commissioner or Commissioner can revise an assessment order that is erroneous and prejudicial to revenue, after giving a hearing, within 2 years from the end of the financial year of the order.
Analysis
If your assessment order was passed in FY 2021-22, the limit ended on 31 March 2024. A revision order after that, without a valid exclusion, is time-barred. Raise this first in your reply. If an order is still passed, appeal to the Tribunal.
Conclusion
- Find the assessment order date.
- Compute the limit.
- Raise time bar in the reply.
- Appeal if an order is passed after the limit.
A Savvy can do this for you
Revision, Sec 263 (now 377)
₹4,999
Get this doneAsk a Savvy on WhatsAppGeneral guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.