Trio Trend Exports P. Ltd. v. PCIT (2021) 92 ITR 18 (SN) (Kol.)(Trib.)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Tax deducted at source-Limited scrutiny assessment-Detail verified-No loss to revenue-Revision order was quashed. [S. 143(2), 143(3)]

Held that Assessment was selected for limited scrutiny. Assessing Officer going beyond its scope, calling for details of tax deducted at source. Details furnished, after verification order was passed. PCIT in the order not dealing with merits of the case  and not showing how the order of the Assessing Officer was prejudice to the interest of revenue. Tax deducted at source was deposited in Government account. There was no loss to revenue.   Revision order was quashed. (AY. 2016-17