https://www.taxtmi.com/caselaws?id=472585 Revisionary jurisdiction under section 263 requires an assessment order to be both erroneous and prejudicial to the interests of Revenue. Limited-scrutiny reasons stated specifically in a revision notice do not exceed the scrutiny scope where they are substantively consistent with the generally expressed reasons in the scrutiny notice. Where the Assessing Officer has sought and received documentary information on the limited-scrutiny issues, the matter concerns, at most, alleged inadequacy rather than lack of enquiry. Revision is unavailable when the Assessing Officer adopts a legally sustainable pass-through treatment and no finding establishes that the governing judicial principle is inapplicable. en-us Mon, 11 Apr 2022 00:00:00 +0530 Fri, 16 Oct 2026 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472585 Revisionary jurisdiction under section 263 requires an assessment order to be both erroneous and prejudicial to the interests of Revenue. Limited-scrutiny reasons stated specifically in a revision notice do not exceed the scrutiny scope where they are substantively consistent with the generally expressed reasons in the scrutiny notice. Where the Assessing Officer has sought and received documentary information on the limited-scrutiny issues, the matter concerns, at most, alleged inadequacy rather than lack of enquiry. Revision is unavailable when the Assessing Officer adopts a legally sustainable pass-through treatment and no finding establishes that the governing judicial principle is inapplicable. Case-Laws Income Tax Mon, 11 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472585