https://www.taxtmi.com/caselaws?id=471854 Revisionary jurisdiction under Section 263 applies where an assessment is both erroneous and prejudicial to Revenue interests. A deduction claimed under Section 80G requires verification against the statutory conditions for allowability when the assessment record does not show that the Assessing Officer examined the claim in the original assessment. The Section 80G deduction was therefore restored to the Assessing Officer solely for verification in accordance with law. en-us Mon, 24 Jul 2023 00:00:00 +0530 Mon, 21 Sep 2026 15:31:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471854 Revisionary jurisdiction under Section 263 applies where an assessment is both erroneous and prejudicial to Revenue interests. A deduction claimed under Section 80G requires verification against the statutory conditions for allowability when the assessment record does not show that the Assessing Officer examined the claim in the original assessment. The Section 80G deduction was therefore restored to the Assessing Officer solely for verification in accordance with law. Case-Laws Income Tax Mon, 24 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471854