Allowing the appeal the Tribunal held that the Commissioner was taking a particular view on assessment order passed for earlier assessment year 2009-10 and, thus, he was finding fault with assessment order passed for year 2009-10 and had not actually pointed out any error in assessment order passed for concerned assessment year 2010-11. Reassessment order was quashed. (AY. 2010-11)
3M India Ltd. v. CIT (2021) 191 ITD 480 / 90 ITR 57 (SN) (Bang.)(Trib.)
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Commissioner has not pointed out any error for the relevant assessment year-Revision is held to be not valid. [S.40(a)(1), 92CA]