https://www.taxtmi.com/caselaws?id=781008 Where the Assessing Officer had raised queries, examined ledger extracts and business expenditure, and taken a permissible view on the material, revision under Section 263 could not be sustained merely because the revisional authority preferred a different interpretation. The Tribunal's finding that the assessment was made after enquiry and was not erroneous or perverse was upheld, and the Revenue's challenge failed. The decision affirms that revisional interference is unavailable absent lack of inquiry or demonstrable perversity in the assessment order. en-us Thu, 06 Nov 2025 00:00:00 +0530 Mon, 10 Nov 2025 08:56:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781008 Where the Assessing Officer had raised queries, examined ledger extracts and business expenditure, and taken a permissible view on the material, revision under Section 263 could not be sustained merely because the revisional authority preferred a different interpretation. The Tribunal's finding that the assessment was made after enquiry and was not erroneous or perverse was upheld, and the Revenue's challenge failed. The decision affirms that revisional interference is unavailable absent lack of inquiry or demonstrable perversity in the assessment order. Case-Laws Income Tax Thu, 06 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781008