https://www.taxtmi.com/caselaws?id=290328 An assessment completed under section 143(3) without enquiring into the applicability of section 40(a)(iib) to electricity duty paid under the Kerala State Electricity Duty Act was treated as erroneous and prejudicial to the interests of the Revenue. On that basis, the Principal Commissioner was justified in invoking section 263 and directing reconsideration of the disallowability issue. The challenge to the revisionary order failed because the absence of enquiry on a material claim in a scrutiny assessment was sufficient to warrant revision. en-us Thu, 26 Sep 2019 00:00:00 +0530 Sat, 19 Sep 2020 16:42:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290328 An assessment completed under section 143(3) without enquiring into the applicability of section 40(a)(iib) to electricity duty paid under the Kerala State Electricity Duty Act was treated as erroneous and prejudicial to the interests of the Revenue. On that basis, the Principal Commissioner was justified in invoking section 263 and directing reconsideration of the disallowability issue. The challenge to the revisionary order failed because the absence of enquiry on a material claim in a scrutiny assessment was sufficient to warrant revision. Case-Laws Income Tax Thu, 26 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290328