https://www.taxtmi.com/caselaws?id=62826 The Tribunal upheld the order cancelling the ex parte assessment under section 154 for the Assessment year 1982-83. It clarified that the power under section 154 allows for rectification of errors apparent on the face of the record, including amending the order to correct the error. The Tribunal emphasized that the ITO's power to rectify extends to the whole or a part of the order as necessary. The Tribunal rejected the assessee's argument that the ex parte assessment could not be rectified under section 154 based on the difference in assessed income declared by the assessee, affirming the ITO's authority to rectify errors in the assessment order. en-us Tue, 19 May 1987 00:00:00 +0530 Sat, 22 Jan 2011 11:21:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62826 The Tribunal upheld the order cancelling the ex parte assessment under section 154 for the Assessment year 1982-83. It clarified that the power under section 154 allows for rectification of errors apparent on the face of the record, including amending the order to correct the error. The Tribunal emphasized that the ITO's power to rectify extends to the whole or a part of the order as necessary. The Tribunal rejected the assessee's argument that the ex parte assessment could not be rectified under section 154 based on the difference in assessed income declared by the assessee, affirming the ITO's authority to rectify errors in the assessment order. Case-Laws Income Tax Tue, 19 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62826