https://www.taxtmi.com/caselaws?id=70695 The court found that the Income-tax Officer (ITO) exceeded his jurisdiction in rectifying the assessment under Section 143(1) using Section 154. The adjustments made by the ITO were based on information not part of the original records, thus not constituting a mistake apparent from the records. The court upheld the order annulling the rectification under Section 154, concluding that the ITO should have used other provisions for such adjustments. The appeal of the revenue was dismissed. en-us Fri, 12 Jun 1987 00:00:00 +0530 Mon, 18 Apr 2011 15:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70695 The court found that the Income-tax Officer (ITO) exceeded his jurisdiction in rectifying the assessment under Section 143(1) using Section 154. The adjustments made by the ITO were based on information not part of the original records, thus not constituting a mistake apparent from the records. The court upheld the order annulling the rectification under Section 154, concluding that the ITO should have used other provisions for such adjustments. The appeal of the revenue was dismissed. Case-Laws Income Tax Fri, 12 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70695