https://www.taxtmi.com/caselaws?id=151218 The Tribunal upheld the decision of the Commissioner of Income-tax (Appeals), ruling that the Assessing Officer lacked the authority to rectify the intimation under Section 143(1) to exclude arrears of rent included by the assessee in the returned income. The Tribunal emphasized that Section 143(1) does not permit adjustments to the returned income beyond arithmetic calculations, limiting the scope of rectification under Section 154(1)(b). Consequently, the appeal was dismissed, affirming the Commissioner's order. en-us Fri, 15 May 2009 00:00:00 +0530 Sat, 01 Jun 2013 16:18:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151218 The Tribunal upheld the decision of the Commissioner of Income-tax (Appeals), ruling that the Assessing Officer lacked the authority to rectify the intimation under Section 143(1) to exclude arrears of rent included by the assessee in the returned income. The Tribunal emphasized that Section 143(1) does not permit adjustments to the returned income beyond arithmetic calculations, limiting the scope of rectification under Section 154(1)(b). Consequently, the appeal was dismissed, affirming the Commissioner's order. Case-Laws Income Tax Fri, 15 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151218