Invocation of section 263 unjustified if order of AO was not erroneous

Gurbakshish Singh Batra Vs PCIT (ITAT Delhi) Facts- Assessee is an individual and filed his ROI on 6th October, 2016 declaring the total income at Rs.44,86,160/-. The return was processed u/s 143(1) of the IT Act. Subsequently, the case of the assessee was selected for ‘limited scrutiny’. AO, thereafter, issued notice u/s 143(2) of the Act on 03.07.2017. Subsequently, notices u/s 142(1) on 11th April, 2018 and 15th May, 2018 were also issued and served on the assessee. After considering the various submissions made by the assessee, the AO passed the order u/s 143(3) on 28.11.2018 determini...