https://www.taxtmi.com/caselaws?id=794622 Revision under section 263 was held unavailable where, in a limited scrutiny assessment, the Assessing Officer issued a questionnaire, examined the assessee's reply under section 142(1), and completed the assessment without addition. The Tribunal's factual finding that the disputed issue was not part of the limited scrutiny was accepted, and the settled requirement that an assessment must be both erroneous and prejudicial to the interests of the Revenue was applied. On those facts, a Principal Commissioner could not invoke revision merely because he disagreed with the Assessing Officer's permissible view on the same material, so the revision attempt failed. en-us Thu, 25 Jun 2026 00:00:00 +0530 Wed, 08 Jul 2026 09:08:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794622 Revision under section 263 was held unavailable where, in a limited scrutiny assessment, the Assessing Officer issued a questionnaire, examined the assessee's reply under section 142(1), and completed the assessment without addition. The Tribunal's factual finding that the disputed issue was not part of the limited scrutiny was accepted, and the settled requirement that an assessment must be both erroneous and prejudicial to the interests of the Revenue was applied. On those facts, a Principal Commissioner could not invoke revision merely because he disagreed with the Assessing Officer's permissible view on the same material, so the revision attempt failed. Case-Laws Income Tax Thu, 25 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794622