https://www.taxtmi.com/caselaws?id=207625 HC held that the Assessing Officer's grant of depreciation contrary to Section 80VVA was a mistake apparent on record, as it resulted from overlooking a clear statutory bar on deduction. Such an error falls squarely within the ambit of Section 154 rectification and does not involve any debatable issue once Section 80VVA is applied. Consequently, HC ruled that the CIT(A) and Tribunal erred in holding that Section 154 could not be invoked, and the matter was decided in favor of the revenue. en-us Fri, 07 Jan 2011 00:00:00 +0530 Sat, 22 Nov 2025 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207625 HC held that the Assessing Officer's grant of depreciation contrary to Section 80VVA was a mistake apparent on record, as it resulted from overlooking a clear statutory bar on deduction. Such an error falls squarely within the ambit of Section 154 rectification and does not involve any debatable issue once Section 80VVA is applied. Consequently, HC ruled that the CIT(A) and Tribunal erred in holding that Section 154 could not be invoked, and the matter was decided in favor of the revenue. Case-Laws Income Tax Fri, 07 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207625