Case Law Details
Case Name : Radhey Shyam Agarwal HUF Vs. CIT (ITAT Agra)
Related Assessment Year :
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RELEVANT PARAGRAPH
9 . From the plain reading of the above provision it is manifestly clear that an order can be revised if and only if the twin conditions, viz., one that the order is erroneous and two – that to that extent it is prejudicial to the interest of the Revenue co-exist. Or in other words, an order can be revised if it is both erroneous as well as prejudicial to the interests of the Revenue. An order, which is only erroneous but not prejudicial
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