https://www.taxtmi.com/caselaws?id=238521 The Tribunal upheld the Assessing Officer's decision, rejecting the appellant's arguments regarding the genuineness of share capital introduction, shareholders' investment capability, acceptance of investments, and charging of interest under sections 234A and 234B. The Tribunal also denied the rectification of its order, emphasizing the limited scope of rectification under section 254(2) and the availability of other legal remedies for addressing errors of judgment. The Miscellaneous Application filed by the assessee was dismissed, and the original order stood affirmed. en-us Wed, 25 Sep 2013 00:00:00 +0530 Wed, 23 Oct 2013 22:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238521 The Tribunal upheld the Assessing Officer's decision, rejecting the appellant's arguments regarding the genuineness of share capital introduction, shareholders' investment capability, acceptance of investments, and charging of interest under sections 234A and 234B. The Tribunal also denied the rectification of its order, emphasizing the limited scope of rectification under section 254(2) and the availability of other legal remedies for addressing errors of judgment. The Miscellaneous Application filed by the assessee was dismissed, and the original order stood affirmed. Case-Laws Income Tax Wed, 25 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238521