https://www.taxtmi.com/caselaws?id=468441 Section 263 revision is attracted where an assessment order leaves a material issue affecting taxability unexamined and no conscious decision is shown on that point. Here, the assessment order did not discuss the receipts described as supply affording charges and electrification charges, and the record showed no specific inquiry by the Assessing Officer or reply by the assessee on those receipts. The order was therefore treated as one passed without proper inquiry and without application of mind to a relevant tax matter, making it erroneous and prejudicial to the interests of the revenue. The Commissioner's revision was upheld. en-us Mon, 11 Jul 2016 00:00:00 +0530 Wed, 06 May 2026 16:11:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468441 Section 263 revision is attracted where an assessment order leaves a material issue affecting taxability unexamined and no conscious decision is shown on that point. Here, the assessment order did not discuss the receipts described as supply affording charges and electrification charges, and the record showed no specific inquiry by the Assessing Officer or reply by the assessee on those receipts. The order was therefore treated as one passed without proper inquiry and without application of mind to a relevant tax matter, making it erroneous and prejudicial to the interests of the revenue. The Commissioner's revision was upheld. Case-Laws Income Tax Mon, 11 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468441