https://www.taxtmi.com/caselaws?id=428787 Section 263 revision is not sustainable where the Assessing Officer has made inquiry, considered the assessee's explanation on TDS disallowance for rent and technical service payments, and adopted one of the permissible views. The record showed application of mind, including verification of the claim that the payee had accounted for the income and furnished the required accountant's certificate. In such circumstances, the assessment order is not both erroneous and prejudicial to the interests of revenue, and revisional interference cannot rest only on a different view taken by the Commissioner. The revisionary order was quashed. en-us Thu, 06 Oct 2022 00:00:00 +0530 Tue, 11 Oct 2022 10:19:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428787 Section 263 revision is not sustainable where the Assessing Officer has made inquiry, considered the assessee's explanation on TDS disallowance for rent and technical service payments, and adopted one of the permissible views. The record showed application of mind, including verification of the claim that the payee had accounted for the income and furnished the required accountant's certificate. In such circumstances, the assessment order is not both erroneous and prejudicial to the interests of revenue, and revisional interference cannot rest only on a different view taken by the Commissioner. The revisionary order was quashed. Case-Laws Income Tax Thu, 06 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428787