https://www.taxtmi.com/caselaws?id=71200 The ITAT set aside the lower authorities' decisions and quashed the AO's order under s. 154, allowing the assessee's appeals. It was held that information from a different record, in this case, the 'HUF' record, cannot be used to rectify the assessment order of a different assessee, in this instance, the 'AOP.' While such information may be relevant for initiating action under s. 147, it does not constitute a mistake apparent from the record for rectification under s. 154. en-us Mon, 07 Feb 2005 00:00:00 +0530 Wed, 18 Jul 2012 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71200 The ITAT set aside the lower authorities' decisions and quashed the AO's order under s. 154, allowing the assessee's appeals. It was held that information from a different record, in this case, the 'HUF' record, cannot be used to rectify the assessment order of a different assessee, in this instance, the 'AOP.' While such information may be relevant for initiating action under s. 147, it does not constitute a mistake apparent from the record for rectification under s. 154. Case-Laws Income Tax Mon, 07 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71200