https://www.taxtmi.com/caselaws?id=350709 Section 263 revision may be sustained where the Assessing Officer has examined only part of a material depreciation claim and left the wider claim unverified, because an unexamined issue can render the assessment erroneous and prejudicial to the Revenue. The retrospective Explanation to section 263(1) extends revisional power to matters not considered and decided in appeal. On procedural fairness, a specific show-cause notice on every proposed ground is not indispensable if the assessee is otherwise given a hearing; however, absence of a pre-decisional opportunity on particular issues can limit the revisional order to that extent before any fresh determination. en-us Wed, 08 Nov 2017 00:00:00 +0530 Tue, 23 Dec 2025 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350709 Section 263 revision may be sustained where the Assessing Officer has examined only part of a material depreciation claim and left the wider claim unverified, because an unexamined issue can render the assessment erroneous and prejudicial to the Revenue. The retrospective Explanation to section 263(1) extends revisional power to matters not considered and decided in appeal. On procedural fairness, a specific show-cause notice on every proposed ground is not indispensable if the assessee is otherwise given a hearing; however, absence of a pre-decisional opportunity on particular issues can limit the revisional order to that extent before any fresh determination. Case-Laws Income Tax Wed, 08 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350709