https://www.taxtmi.com/caselaws?id=469714 In a limited scrutiny assessment confined to the source of cash deposits, revision under section 263 cannot be used to reopen an issue outside the permitted scope unless the assessment is otherwise erroneous and prejudicial. The assessment could not be treated as erroneous merely because the Assessing Officer did not examine an extraneous matter. The conveyance allowance and additional conveyance allowance were described as reimbursed expenses exempt under section 10(14), and the amount was below the threshold relevant to widening scrutiny. On these facts, the statutory conditions for revision were not met, and the revisionary order was unsustainable. en-us Fri, 12 Aug 2016 00:00:00 +0530 Tue, 30 Jun 2026 17:39:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469714 In a limited scrutiny assessment confined to the source of cash deposits, revision under section 263 cannot be used to reopen an issue outside the permitted scope unless the assessment is otherwise erroneous and prejudicial. The assessment could not be treated as erroneous merely because the Assessing Officer did not examine an extraneous matter. The conveyance allowance and additional conveyance allowance were described as reimbursed expenses exempt under section 10(14), and the amount was below the threshold relevant to widening scrutiny. On these facts, the statutory conditions for revision were not met, and the revisionary order was unsustainable. Case-Laws Income Tax Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469714