https://www.taxtmi.com/caselaws?id=248280 For section 80P relief, the Assessing Officer must verify the assessee's business character and not rely only on registration or nomenclature, because section 80P(4) makes the true nature of activities material. Where proper enquiry is not made, the assessment can be treated as erroneous and prejudicial to the interests of the Revenue. The revisional direction was understood as requiring a fresh, independent enquiry and not a predetermined conclusion, and the revisional interference was upheld, with the assessment to be reconsidered on merits after necessary verification. en-us Fri, 31 Jan 2014 00:00:00 +0530 Sat, 07 Jun 2014 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248280 For section 80P relief, the Assessing Officer must verify the assessee's business character and not rely only on registration or nomenclature, because section 80P(4) makes the true nature of activities material. Where proper enquiry is not made, the assessment can be treated as erroneous and prejudicial to the interests of the Revenue. The revisional direction was understood as requiring a fresh, independent enquiry and not a predetermined conclusion, and the revisional interference was upheld, with the assessment to be reconsidered on merits after necessary verification. Case-Laws Income Tax Fri, 31 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248280