https://www.taxtmi.com/caselaws?id=375802 Revisional jurisdiction under section 263 can be exercised only where the assessment order is both erroneous and prejudicial to the Revenue. Where the Assessing Officer issued specific queries under section 142(1), the assessee replied with supporting documents, and the assessment was completed under section 143(3), the matter is one of enquiry having been made. Mere absence of elaborate reasoning in the assessment order, or the revisional authority's view that further enquiry was desirable, does not make the order erroneous. The distinction between lack of enquiry and inadequate enquiry is decisive: only a total lack of enquiry can justify revision. On that basis, the revisional order was unsustainable and the assessment was restored. en-us Mon, 18 Feb 2019 00:00:00 +0530 Mon, 25 Feb 2019 19:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375802 Revisional jurisdiction under section 263 can be exercised only where the assessment order is both erroneous and prejudicial to the Revenue. Where the Assessing Officer issued specific queries under section 142(1), the assessee replied with supporting documents, and the assessment was completed under section 143(3), the matter is one of enquiry having been made. Mere absence of elaborate reasoning in the assessment order, or the revisional authority's view that further enquiry was desirable, does not make the order erroneous. The distinction between lack of enquiry and inadequate enquiry is decisive: only a total lack of enquiry can justify revision. On that basis, the revisional order was unsustainable and the assessment was restored. Case-Laws Income Tax Mon, 18 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375802