Rectification of order passed by AO himself as per section 143 (3)

[GYAN JAIN]

Wheterh AO can ractified the Order paases by himself u\s143(3) of the Income Tax Act, 1961

[Surender Gupta]

Yes, section 154 is there for rectification mistake.

[DEV KUMAR KOTHARI]

please read section 154 of IT Act and case laws on that section. A rectification order is to be passed by the same authority (not necessarily the smae person even successor in office can pass the rectification order) who passed the original order, if there is a mistake apparent from records. so you need to establish that there is a mistake, the mistake is apparent from records ( it is not on issues involving interpretation and record reveals mistake)then you can apply for rectification by the AO and AO is required to dispose off the petition within specified time. I hope you will enrich the readers by discussing your case and later on outcome about the mistake apparent from record, how it is apparent, and how it can be rectified and then what was decision of the AO.

AI Summary

Can Assessing Officer Rectify Order Under Section 143(3)? Yes, Using Section 154 for Obvious Errors. A forum discussion addresses whether an Assessing Officer (AO) can rectify an order passed under section 143(3) of the Income Tax Act, 1961. Two contributors clarify that rectification is possible under section 154, which allows the same authority or a successor to correct mistakes apparent from the record. The process requires establishing that the mistake is evident and not related to interpretative issues. The AO must resolve the rectification request within a specified time. Participants are encouraged to share their experiences and outcomes regarding such rectifications.