https://www.taxtmi.com/caselaws?id=772033 A revision under section 263 is not sustainable where the Assessing Officer has made enquiries on a debatable exemption claim and adopted one plausible view. The text states that interest received on enhanced compensation was examined with reference to exemption under section 10(37), replies and judicial authorities were considered, and the absence of a detailed discussion in the assessment order did not by itself show lack of enquiry. Once the revisional order was quashed, the consequential assessment made to implement it also fell, because it was entirely dependent on the foundation order. en-us Thu, 29 May 2025 00:00:00 +0530 Tue, 03 Jun 2025 08:50:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772033 A revision under section 263 is not sustainable where the Assessing Officer has made enquiries on a debatable exemption claim and adopted one plausible view. The text states that interest received on enhanced compensation was examined with reference to exemption under section 10(37), replies and judicial authorities were considered, and the absence of a detailed discussion in the assessment order did not by itself show lack of enquiry. Once the revisional order was quashed, the consequential assessment made to implement it also fell, because it was entirely dependent on the foundation order. Case-Laws Income Tax Thu, 29 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772033