https://www.taxtmi.com/caselaws?id=376109 Revision under section 263 was considered unsustainable where the assessee had already placed the revised return, invoices, agreements and supporting details before the Assessing Officer, who issued notices and completed the assessment after examining the material on record. The omission to reflect the revised return in the assessment computation did not, by itself, show lack of enquiry or non-application of mind. On those facts, the twin conditions for revision, namely error and prejudice to the revenue, were not satisfied, so the revision was quashed in favour of the assessee. en-us Wed, 01 Aug 2018 00:00:00 +0530 Sat, 02 Mar 2019 13:52:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376109 Revision under section 263 was considered unsustainable where the assessee had already placed the revised return, invoices, agreements and supporting details before the Assessing Officer, who issued notices and completed the assessment after examining the material on record. The omission to reflect the revised return in the assessment computation did not, by itself, show lack of enquiry or non-application of mind. On those facts, the twin conditions for revision, namely error and prejudice to the revenue, were not satisfied, so the revision was quashed in favour of the assessee. Case-Laws Income Tax Wed, 01 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376109