https://www.taxtmi.com/caselaws?id=778873 Interest received under section 28 of the Land Acquisition Act, 1894 on enhanced compensation was treated as part of the compensation, and the assessment records showed that the Assessing Officer had queried the issue and accepted the assessee's explanation. On that basis, the matter could not be characterised as a case of no enquiry or lack of enquiry, and the absence of detailed discussion in the assessment order did not by itself make the order erroneous. The revision under section 263 was therefore not available where the assessment had adopted one possible view on a debatable issue, even if the Principal Commissioner preferred a different view or relied on an audit objection. en-us Tue, 21 Jan 2025 00:00:00 +0530 Wed, 24 Sep 2025 08:08:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778873 Interest received under section 28 of the Land Acquisition Act, 1894 on enhanced compensation was treated as part of the compensation, and the assessment records showed that the Assessing Officer had queried the issue and accepted the assessee's explanation. On that basis, the matter could not be characterised as a case of no enquiry or lack of enquiry, and the absence of detailed discussion in the assessment order did not by itself make the order erroneous. The revision under section 263 was therefore not available where the assessment had adopted one possible view on a debatable issue, even if the Principal Commissioner preferred a different view or relied on an audit objection. Case-Laws Income Tax Tue, 21 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778873