https://www.taxtmi.com/caselaws?id=296518 Revision under section 263 is sustainable where the assessment record shows no proper inquiry into material claims, including provisions for fixed-deposit interest and election or general-body expenditure, and the assessment order is therefore erroneous and prejudicial to revenue. The revisional action was sustained because supporting evidence of examination during assessment was not produced. Separately, an ex parte appellate order passed after only one hearing and without effective representation breached principles of natural justice. That order was set aside and the matter restored to the assessing authority for fresh examination after adequate opportunity of hearing. en-us Fri, 01 Mar 2019 00:00:00 +0530 Mon, 26 Jul 2021 09:13:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296518 Revision under section 263 is sustainable where the assessment record shows no proper inquiry into material claims, including provisions for fixed-deposit interest and election or general-body expenditure, and the assessment order is therefore erroneous and prejudicial to revenue. The revisional action was sustained because supporting evidence of examination during assessment was not produced. Separately, an ex parte appellate order passed after only one hearing and without effective representation breached principles of natural justice. That order was set aside and the matter restored to the assessing authority for fresh examination after adequate opportunity of hearing. Case-Laws Income Tax Fri, 01 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296518