https://www.taxtmi.com/caselaws?id=799050 Revisionary jurisdiction under Section 263 cannot be invoked merely because the revisional authority considers enquiries into seized material inadequate after the Assessing Officer has conducted them and adopted a plausible view. Detailed notices, confrontation with seized documents and statements, and consideration of the assessee's explanations demonstrate that the assessment was not made without enquiry. Section 263 applies where lack of enquiry makes an assessment both erroneous and prejudicial to Revenue; it does not permit substitution of the revisional authority's view for a considered assessment decision. The proposed revision was therefore unsustainable. en-us Mon, 07 Sep 2026 00:00:00 +0530 Wed, 16 Sep 2026 08:38:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799050 Revisionary jurisdiction under Section 263 cannot be invoked merely because the revisional authority considers enquiries into seized material inadequate after the Assessing Officer has conducted them and adopted a plausible view. Detailed notices, confrontation with seized documents and statements, and consideration of the assessee's explanations demonstrate that the assessment was not made without enquiry. Section 263 applies where lack of enquiry makes an assessment both erroneous and prejudicial to Revenue; it does not permit substitution of the revisional authority's view for a considered assessment decision. The proposed revision was therefore unsustainable. Case-Laws Income Tax Mon, 07 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799050