https://www.taxtmi.com/caselaws?id=75369 The High Court ruled in favor of the appellant, holding that the power of rectification under section 154 could not be exercised by the Revenue due to the debatable nature of the legal issues involved at the time of the rectification notice. The court emphasized the importance of clear and patent mistakes for rectification under section 154, and in the absence of a clear legal position supported by higher court judgments, the rectification order could not be upheld. en-us Mon, 11 Aug 2008 00:00:00 +0530 Sat, 10 Apr 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75369 The High Court ruled in favor of the appellant, holding that the power of rectification under section 154 could not be exercised by the Revenue due to the debatable nature of the legal issues involved at the time of the rectification notice. The court emphasized the importance of clear and patent mistakes for rectification under section 154, and in the absence of a clear legal position supported by higher court judgments, the rectification order could not be upheld. Case-Laws Income Tax Mon, 11 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75369