https://www.scconline.com/blog/post/2023/04/11/supreme-court-overrules-malabar-industrial-co-ltd-section-263-income-tax-act-states-that-erroneous-order-passed-by-assessing-officer-being-prejudice-to-revenue-department-was-revisable-by-cit-legal/
CIT can revise erroneous order by Assessing Officer causing prejudice to revenue; Supreme Court overrules it's 2000 verdict