https://www.taxtmi.com/caselaws?id=374422 Section 263 revision is permissible only when the assessment order is both erroneous and prejudicial to the interests of revenue; it cannot be invoked merely because the order is brief or another view is possible. Where the Assessing Officer has made enquiries, considered the material, and adopted a plausible view on the assessee's agricultural income claim under sections 2(1A) and 10(1), the revisional authority must still show actual prejudice to revenue. On the facts noted, that prejudice was not established, so the revision was stated to be unsustainable and the assessment restored. en-us Wed, 30 Jan 2019 00:00:00 +0530 Fri, 01 Feb 2019 07:30:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374422 Section 263 revision is permissible only when the assessment order is both erroneous and prejudicial to the interests of revenue; it cannot be invoked merely because the order is brief or another view is possible. Where the Assessing Officer has made enquiries, considered the material, and adopted a plausible view on the assessee's agricultural income claim under sections 2(1A) and 10(1), the revisional authority must still show actual prejudice to revenue. On the facts noted, that prejudice was not established, so the revision was stated to be unsustainable and the assessment restored. Case-Laws Income Tax Wed, 30 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374422