CIT may consider an order of AO erroneous if it is a stereo typed order

Cuttack Development Authority Vs. CIT (ITAT Cuttack)

The sole disputed issue is with respect to setting aside the assessment order by the CIT in respect of land premium of Rs. 3.,50,00,000/-. On perusal of assessment order u/s.143(3) of the Act dated 30.11.2011, we find that no discussion was made by the Assessing Officer regarding land premium paid of Rs. 3,50,00,000/- to Government of Odisha. No enquiries were also made by the Assessing Officer. Prima facie, it appears that the CIT found that the order pas

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