https://www.taxtmi.com/caselaws?id=256161 Rectification under section 154 cannot be used to decide disputed questions on taxability, exemption, or compliance with the proviso to section 143(3). The assessee's objections required examination of the underlying assessment, the nature of the receipts, and the applicability of sections 11(2) and 11(3), which went beyond correction of an apparent mistake. The authority therefore held that the challenge to accumulated income and the exemption claim was not maintainable in rectification proceedings, and the assessee failed on those grounds. en-us Wed, 07 Jan 2015 00:00:00 +0530 Mon, 12 Jan 2015 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256161 Rectification under section 154 cannot be used to decide disputed questions on taxability, exemption, or compliance with the proviso to section 143(3). The assessee's objections required examination of the underlying assessment, the nature of the receipts, and the applicability of sections 11(2) and 11(3), which went beyond correction of an apparent mistake. The authority therefore held that the challenge to accumulated income and the exemption claim was not maintainable in rectification proceedings, and the assessee failed on those grounds. Case-Laws Income Tax Wed, 07 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256161