https://www.taxtmi.com/caselaws?id=466354 Revision under section 263 requires the reviewing officer to form the view of error and prejudice after examining the record of proceedings; a mere communication or recommendation from the assessing officer does not constitute that record. Where revision proceedings were triggered solely on an AO's proposal, the exercise of revisional power suffers a jurisdictional defect and vitiates the resulting order. The proper recourse for an AO who discovers an omission or error after assessment is reassessment or rectification under the relevant provisions, not recommending exercise of the revisional power. Decision recorded in favour of the assessee. en-us Wed, 23 Jul 2025 00:00:00 +0530 Mon, 02 Feb 2026 20:17:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466354 Revision under section 263 requires the reviewing officer to form the view of error and prejudice after examining the record of proceedings; a mere communication or recommendation from the assessing officer does not constitute that record. Where revision proceedings were triggered solely on an AO's proposal, the exercise of revisional power suffers a jurisdictional defect and vitiates the resulting order. The proper recourse for an AO who discovers an omission or error after assessment is reassessment or rectification under the relevant provisions, not recommending exercise of the revisional power. Decision recorded in favour of the assessee. Case-Laws Income Tax Wed, 23 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466354