Order passed in cryptic manner cannot make it erroneous

Smt. Nagina Kochar Vs PCIT (ITAT Chandigarh) Held that the mere fact that the assessment order has been passed in a cryptic manner, by itself cannot make the order erroneous or pre-judicial to the interest of Revenue. Accordingly, revisionary powers under section 263 of the Income Tax Act not invocable. Facts- The AO as per the cryptic order passed records that notice was issued to the assessee u/s 143(2) alongwith further notice u/s 142(1) alongwith questionnaire through ITBA. The AO accepted thereafter the returned income which consisted of her income from salary, rental income, capital gain...