https://www.taxtmi.com/caselaws?id=787211 Challenge concerns whether revisional powers under Section 263 were rightly invoked after an assessment under reopening provisions allowed a Chapter VIA deduction without verifying filing-time eligibility introduced by Section 80AC and a binding CBDT circular. The legal principle applied is that revision is available where an assessing officer allows a claim without necessary verification, rendering the order erroneous and prejudicial to revenue. On that basis the revisional authority set aside the assessment granting the Section 80P deduction and the appeal against revision was dismissed in favour of revenue. en-us Fri, 09 Jan 2026 00:00:00 +0530 Sat, 28 Feb 2026 08:41:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787211 Challenge concerns whether revisional powers under Section 263 were rightly invoked after an assessment under reopening provisions allowed a Chapter VIA deduction without verifying filing-time eligibility introduced by Section 80AC and a binding CBDT circular. The legal principle applied is that revision is available where an assessing officer allows a claim without necessary verification, rendering the order erroneous and prejudicial to revenue. On that basis the revisional authority set aside the assessment granting the Section 80P deduction and the appeal against revision was dismissed in favour of revenue. Case-Laws Income Tax Fri, 09 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787211