https://www.taxtmi.com/caselaws?id=191304 Revision under section 263 is not justified unless the assessment order is both erroneous and prejudicial to the interests of the Revenue. Where the deduction claim under section 80P was on record during scrutiny, supported by the return computation and the assessee's reply, and the Assessing Officer examined and accepted it, the order cannot be revised merely because the return form did not separately reflect the claim or the assessment discussion was brief. A short assessment order does not by itself show absence of enquiry for section 263 purposes. On these facts, the revisionary jurisdiction was held unsustainable because the twin statutory conditions were not satisfied. en-us Fri, 28 Feb 2014 00:00:00 +0530 Thu, 30 Mar 2017 09:37:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191304 Revision under section 263 is not justified unless the assessment order is both erroneous and prejudicial to the interests of the Revenue. Where the deduction claim under section 80P was on record during scrutiny, supported by the return computation and the assessee's reply, and the Assessing Officer examined and accepted it, the order cannot be revised merely because the return form did not separately reflect the claim or the assessment discussion was brief. A short assessment order does not by itself show absence of enquiry for section 263 purposes. On these facts, the revisionary jurisdiction was held unsustainable because the twin statutory conditions were not satisfied. Case-Laws Income Tax Fri, 28 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191304