https://www.taxtmi.com/caselaws?id=65492 The Tribunal allowed the miscellaneous application, recalling its decision on the first ground to address mistakes apparent from the record. The Tribunal acknowledged errors in its findings, including the incorrect application of s. 145A and failure to consider the overriding effect of s. 43B over s. 145A. The matter was sent back to the AO for fresh orders, ensuring proper valuation of stock and affording the assessee sufficient opportunity. The Tribunal's decision aimed to rectify these mistakes and prevent prejudice to the assessee. en-us Fri, 08 Feb 2008 00:00:00 +0530 Mon, 23 Jul 2012 10:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65492 The Tribunal allowed the miscellaneous application, recalling its decision on the first ground to address mistakes apparent from the record. The Tribunal acknowledged errors in its findings, including the incorrect application of s. 145A and failure to consider the overriding effect of s. 43B over s. 145A. The matter was sent back to the AO for fresh orders, ensuring proper valuation of stock and affording the assessee sufficient opportunity. The Tribunal's decision aimed to rectify these mistakes and prevent prejudice to the assessee. Case-Laws Income Tax Fri, 08 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65492