https://www.taxtmi.com/caselaws?id=797289 Section 263 revision was unsustainable where the Assessing Officer had examined the Section 54F exemption claim and accepted that six flats formed one interconnected triplex residential unit. The same factual issue had been resolved in favour of treating the flats as a single residential house in an earlier assessment year. An assessment view consciously adopted after enquiry and supported by a plausible interpretation of "residential house" could not be replaced merely by a different view to establish an erroneous and revenue-prejudicial order. Judicial consistency required following the earlier coordinate-bench treatment on identical facts, rendering the revision order invalid. en-us Mon, 16 Feb 2026 00:00:00 +0530 Thu, 20 Aug 2026 08:14:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797289 Section 263 revision was unsustainable where the Assessing Officer had examined the Section 54F exemption claim and accepted that six flats formed one interconnected triplex residential unit. The same factual issue had been resolved in favour of treating the flats as a single residential house in an earlier assessment year. An assessment view consciously adopted after enquiry and supported by a plausible interpretation of "residential house" could not be replaced merely by a different view to establish an erroneous and revenue-prejudicial order. Judicial consistency required following the earlier coordinate-bench treatment on identical facts, rendering the revision order invalid. Case-Laws Income Tax Mon, 16 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797289