https://www.taxtmi.com/caselaws?id=468808 Revision under section 263 is justified where the assessment order is both erroneous and prejudicial to the interests of Revenue. An order passed without enquiry into a material claim cannot be treated as acceptance of a plausible view, because the absence of investigation itself renders the assessment vulnerable to revision. Here, the assessee accepted that the allowability of the disputed provisions had not been examined during assessment. That non-enquiry made the assessment erroneous and prejudicial, so the revision order was upheld and the matter was sent back for fresh examination of the disputed provisions. en-us Tue, 11 Feb 2025 00:00:00 +0530 Thu, 21 May 2026 18:59:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468808 Revision under section 263 is justified where the assessment order is both erroneous and prejudicial to the interests of Revenue. An order passed without enquiry into a material claim cannot be treated as acceptance of a plausible view, because the absence of investigation itself renders the assessment vulnerable to revision. Here, the assessee accepted that the allowability of the disputed provisions had not been examined during assessment. That non-enquiry made the assessment erroneous and prejudicial, so the revision order was upheld and the matter was sent back for fresh examination of the disputed provisions. Case-Laws Income Tax Tue, 11 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468808