https://www.taxtmi.com/caselaws?id=206840 The Tribunal ruled in favor of the assessee, holding that the Assessing Officer's withdrawal of interest under section 244A was not justified as the issue was debatable. It emphasized that rectification under section 154 should only be for clear, distinct, and apparent mistakes on record. The Tribunal dismissed the revenue's appeal and upheld the assessee's appeal, concluding that the Assessing Officer erred in passing the order under section 154 of the Income Tax Act, 1961. en-us Fri, 29 Jan 2010 00:00:00 +0530 Fri, 18 Nov 2011 06:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206840 The Tribunal ruled in favor of the assessee, holding that the Assessing Officer's withdrawal of interest under section 244A was not justified as the issue was debatable. It emphasized that rectification under section 154 should only be for clear, distinct, and apparent mistakes on record. The Tribunal dismissed the revenue's appeal and upheld the assessee's appeal, concluding that the Assessing Officer erred in passing the order under section 154 of the Income Tax Act, 1961. Case-Laws Income Tax Fri, 29 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206840