https://www.taxtmi.com/caselaws?id=62190 Revisional jurisdiction under section 24(2) of the Gift Tax Act cannot be invoked unless the assessment order is both erroneous and prejudicial to the interests of the Revenue. Where the Gift-tax Officer had verified the passport and considered the relevant material before holding the assessee to be a non-resident, the assessment reflected due application of mind and could not be revised merely because another view was possible. The revisional authority identified no specific error or prejudice, so the revision was unjustified and the assessment was restored. en-us Thu, 12 Jun 1986 00:00:00 +0530 Tue, 18 Jan 2011 14:30:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62190 Revisional jurisdiction under section 24(2) of the Gift Tax Act cannot be invoked unless the assessment order is both erroneous and prejudicial to the interests of the Revenue. Where the Gift-tax Officer had verified the passport and considered the relevant material before holding the assessee to be a non-resident, the assessment reflected due application of mind and could not be revised merely because another view was possible. The revisional authority identified no specific error or prejudice, so the revision was unjustified and the assessment was restored. Case-Laws Income Tax Thu, 12 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62190