Explain the practical use of some sections

This query is : Resolved 

26 September 2012 Dear Sir,

I want to know some Income Tax Sections in Practical way.how it affects on an assessee and Departments:

1) U/s 253
2) U/s 254
3) u/s 263
4) u/s 264
please explain me in such way that it covers its applicability, exceptions,limitation.

how these sections comes to an assessee practically.

26 September 2012 253 is for those who want to file the appeal against the order of CIT appeals and 254 is for order of tribunal. 264 gives a sort of life time opportunity to assessee to err. 263 gives the previlege to CIT for revising any of the revenue negative order.


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