Non-discussion of issue in assessment order doesn’t make it erroneous & prejudicial to interest of revenue

Ajay Engineering and Agricultural Equipment Company Vs PCIT (ITAT Pune)

ITAT Pune held that AO did not specifically discuss the five issues in the assessment order, however, assessment order does not satisfy the second condition of being prejudicial to the interest of the Revenue. Simply non-discussion of an issue in assessment order does not render an assessment order erroneous and prejudicial to the interest of the revenue.

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