https://www.taxtmi.com/caselaws?id=471033 Revisionary jurisdiction under Section 263 validly applies where the Assessing Officer makes no enquiry into the genuineness of claimed truck expenses. Internal communications between the Assessing Officer and the Principal Commissioner do not invalidate the revision where the Principal Commissioner independently follows the prescribed process and identifies the lack of verification. Failure to conduct such enquiry renders the assessment order erroneous and prejudicial to the interests of the Revenue under Explanation 2 to Section 263. The assessment may therefore be set aside through revisionary action. en-us Fri, 28 Mar 2025 00:00:00 +0530 Tue, 18 Aug 2026 21:39:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471033 Revisionary jurisdiction under Section 263 validly applies where the Assessing Officer makes no enquiry into the genuineness of claimed truck expenses. Internal communications between the Assessing Officer and the Principal Commissioner do not invalidate the revision where the Principal Commissioner independently follows the prescribed process and identifies the lack of verification. Failure to conduct such enquiry renders the assessment order erroneous and prejudicial to the interests of the Revenue under Explanation 2 to Section 263. The assessment may therefore be set aside through revisionary action. Case-Laws Income Tax Fri, 28 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471033