https://www.taxtmi.com/caselaws?id=214498 The Court dismissed the Revenue's appeal under Section 260A of the Income Tax Act, 1961 regarding assessment years 2000-2001 and 2001-2002. The Tribunal's decision upholding the CIT(A) order, which deleted the addition made by the Assessing Officer under Section 35D for private placement of equity shares, was deemed non-rectifiable under Section 154. The Court found the issue debatable, having been previously considered in appellate and revisional proceedings, and therefore not subject to rectification. Consequently, the appeal was dismissed as no substantial question of law arose. en-us Fri, 15 Jun 2012 00:00:00 +0530 Tue, 03 Jul 2012 13:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214498 The Court dismissed the Revenue's appeal under Section 260A of the Income Tax Act, 1961 regarding assessment years 2000-2001 and 2001-2002. The Tribunal's decision upholding the CIT(A) order, which deleted the addition made by the Assessing Officer under Section 35D for private placement of equity shares, was deemed non-rectifiable under Section 154. The Court found the issue debatable, having been previously considered in appellate and revisional proceedings, and therefore not subject to rectification. Consequently, the appeal was dismissed as no substantial question of law arose. Case-Laws Income Tax Fri, 15 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214498