25. Powers of Commissioner to revise orders of subordinate authorities.
The Commissioner may, either of his own motion or on application made by an assessee in this behalf, call for the record of any proceeding under this Act in which an order has been passed by any authority subordinate to him, and may make such inquiry, or cause such inquiry to be made, and, subject to the provisions of this Act, pass such order thereon, not being an order prejudicial to the assessee, as the Commissioner thinks fit: Provided that the Commissioner shall not revise any order under this sub- section in any case--
where an appeal against the order lies to the Appellate Assistant Commissioner or to the Appellate Tribunal, the time within which such appeal can be made has not expired or in the case of an appeal to the Appellate Tribunal the assessee has not waived his right of appeal;
where the order is the subject of an appeal before the Appellate Assistant Commissioner or the Appellate Tribunal;
where the application is made by the assessee for such revision, unless--
the application is accompanied by a fee of twenty- five rupees; and
the application is made within one year from the date of the order sought to be revised or within such further period as the Commissioner may think fit to allow on being satisfied that the assessee was prevented by sufficient cause from making the application within that period; and
where the order is sought to be revised by the Commissioner of his own motion, if such order is made more than one year previously. Explanation.-- For the purposes of this sub- section,--
the Appellate Assistant Commissioner shall be deemed to be an authority subordinate to the Commissioner; and
an order by the Commissioner declining to interfere shall be deemed not to be an order prejudicial to the assessee.
Without prejudice to the provisions contained in sub- section (1), the Commissioner may call for and examine the record of any proceeding under this Act, and if he considers that any order passed therein by a Wealth- tax Officer is erroneous in so far as it is prejudicial to the interests of revenue, he may, after giving the assessee an opportunity of being heard, and after making or causing to be made such inquiry as he deems necessary pass such order thereon as the circumstances of the case justify, including an order enhancing or modifying the assessment or cancelling it and directing a fresh assessment.
1[ No order shall be made under sub- section (2) after the expiry of two years from the date of the order sought to be revised.
Notwithstanding anything contained in sub- section (3), an order in revision under sub- section (2) may be passed at any time in the case of an order which has been passed in consequence of, or to give effect to, any finding or direction contained in an order of the Appellate Tribunal, the High Court or the Supreme Court. Explanation.-- In computing the period of limitation for the purposes of sub- section (3), the time taken in giving an opportunity to the assessee to be re- heard under the proviso to section 39 and any period during which any proceeding under this section is stayed by an order or injunction of any court shall be excluded.]