The Commissioner has powers under the income tax act to revise an assessment order should there be any erroneous application of law in the completion of such assessment.
The Bombay High Court in [2022] 445 ITR 674 (Bom) held that merely because such order did not contain the details of examination of agricultural land sale transaction/claim for exemption the same cannot be termed as erroneous. The High Court also in this regard pointed that the Principal Commissioner cannot decide how elaborate an order of the Assessing Officer should be.
In this case there was a query raised to which the assessee had replied during assessment to the satisfaction of the AO.