Section 263 jurisdiction not invocable if order passed by AO not prejudicial to interest of revenue

Siddhagiri Gurukul Foundation Siddharameshwar Mandir Vs CIT (Exemption) (ITAT Mumbai)

The learned CIT passed an order u/s 263 of the act only for the reason that assessee has admitted in the submission that the AO has not considered the amount of donation in gross receipts in the body of assessment order and there is an error. The assessee mentioned so that it has not been included in the computation made in the assessment order, however, the assessee has categorically stated that it has already been included in the income o

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