https://www.taxtmi.com/caselaws?id=793882 Assessment orders lacking required inquiry or verification into material claims, including agricultural-land capital-gains relief and evaporation loss of petrol and diesel, are treated as erroneous and prejudicial to Revenue interests under the deemed-error standard for revision. General requests for details do not suffice where the record shows no meaningful examination, application of mind, or follow-up verification of the specific claims. The change-of-opinion objection does not apply where the original assessment record does not establish that the disputed issues were examined. Revisional jurisdiction may therefore be exercised to set aside the assessment for fresh examination. en-us Wed, 03 Jun 2026 00:00:00 +0530 Thu, 25 Jun 2026 08:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793882 Assessment orders lacking required inquiry or verification into material claims, including agricultural-land capital-gains relief and evaporation loss of petrol and diesel, are treated as erroneous and prejudicial to Revenue interests under the deemed-error standard for revision. General requests for details do not suffice where the record shows no meaningful examination, application of mind, or follow-up verification of the specific claims. The change-of-opinion objection does not apply where the original assessment record does not establish that the disputed issues were examined. Revisional jurisdiction may therefore be exercised to set aside the assessment for fresh examination. Case-Laws Income Tax Wed, 03 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793882