https://www.taxtmi.com/caselaws?id=796171 Revision under section 263 requires the assessment record or an independent enquiry to establish that the assessment is erroneous and unsustainable; it cannot rest merely on a preference for further or more comprehensive investigation. The notes state that the Assessing Officer examined notices, explanations, books, bank records, confirmations, invoices, e-way bills, GST records, affidavits and seized material, and made additions. They also note that a rectification order enhancing the accommodation-entry addition and the prior assessment approval were not considered in the revision proceedings. The revisionary jurisdiction was therefore described as invalid and the section 263 order as quashed. en-us Fri, 12 Jun 2026 00:00:00 +0530 Sat, 01 Aug 2026 08:34:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796171 Revision under section 263 requires the assessment record or an independent enquiry to establish that the assessment is erroneous and unsustainable; it cannot rest merely on a preference for further or more comprehensive investigation. The notes state that the Assessing Officer examined notices, explanations, books, bank records, confirmations, invoices, e-way bills, GST records, affidavits and seized material, and made additions. They also note that a rectification order enhancing the accommodation-entry addition and the prior assessment approval were not considered in the revision proceedings. The revisionary jurisdiction was therefore described as invalid and the section 263 order as quashed. Case-Laws Income Tax Fri, 12 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796171