https://www.taxtmi.com/caselaws?id=466155 Revision under the revisional power was held limited to directing the Assessing Officer to rework the assessment after verifying evidence; the revisional authoritys specific directive to make additions for alleged accommodation entries was quashed because it exceeded revisionary remit and substituted the AOs function. The assessment order under reopening provisions was found deficient for not evidencing independent enquiry into alleged fictitious transactions revealed in search records, and mere dropping of reopening was not an independent opinion. Consequentially the AO is directed to pass a fresh assessment after verifying records and addressing objections on merits and evidence. en-us Wed, 12 Feb 2025 00:00:00 +0530 Tue, 27 Jan 2026 19:03:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466155 Revision under the revisional power was held limited to directing the Assessing Officer to rework the assessment after verifying evidence; the revisional authoritys specific directive to make additions for alleged accommodation entries was quashed because it exceeded revisionary remit and substituted the AOs function. The assessment order under reopening provisions was found deficient for not evidencing independent enquiry into alleged fictitious transactions revealed in search records, and mere dropping of reopening was not an independent opinion. Consequentially the AO is directed to pass a fresh assessment after verifying records and addressing objections on merits and evidence. Case-Laws Income Tax Wed, 12 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466155