https://www.taxtmi.com/caselaws?id=471324 Revision of unabated assessments completed under section 153A cannot rest solely on bank-account credits where no incriminating material was found during the search. For search assessments, incriminating material is necessary to disturb an unabated assessment; bank statements alone do not support revisional jurisdiction under section 263. The section 263 revision orders were therefore without jurisdiction and quashed for all relevant assessment years. en-us Fri, 04 Apr 2025 00:00:00 +0530 Sat, 29 Aug 2026 14:35:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471324 Revision of unabated assessments completed under section 153A cannot rest solely on bank-account credits where no incriminating material was found during the search. For search assessments, incriminating material is necessary to disturb an unabated assessment; bank statements alone do not support revisional jurisdiction under section 263. The section 263 revision orders were therefore without jurisdiction and quashed for all relevant assessment years. Case-Laws Income Tax Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471324