Query under section 154

CA.Swathi Jain (CA ) (155 Points)

02 July 2011  

hi friends,

An assesse had received a notice under section 143(2).The details were furnished and assessment was completed. Later a notice was issued for rectification of mistake u/s 154 on a particular issue. The assessee submitted his reply to the 154 notice which was in favour of assessee, but there was no reply from Assessing officer whether proceedings u/s 154 were dropped or not.Later a revision order was passed by the CIT u/s 263 because the assessing officer did not consider the issue ( for which rectification proceedings started and details in favour of assessee furnished) in 143(2) proceedings and set aside the AO's order referring the case back to him.

The question is when proceeding under section 154 is pending can the commisioner pass revision order under section 263 in an issue for which rectification u/s 154 were started but not completed.