https://www.taxtmi.com/caselaws?id=256211 The High Court upheld the decisions of the CIT (A) and the Tribunal, ruling against the Revenue's appeal and dismissing the case due to the lack of substantial legal questions arising from the issues raised in the appeal. The Court emphasized that rectification under Section 154 could only be done for apparent errors and not in cases of ambiguity or debate, supporting the Tribunal's clarification on the retrospective operation of Section 94 (8) from a subsequent decision, not for the assessment year in question. en-us Tue, 27 Jan 2015 00:00:00 +0530 Fri, 06 Feb 2015 10:36:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256211 The High Court upheld the decisions of the CIT (A) and the Tribunal, ruling against the Revenue's appeal and dismissing the case due to the lack of substantial legal questions arising from the issues raised in the appeal. The Court emphasized that rectification under Section 154 could only be done for apparent errors and not in cases of ambiguity or debate, supporting the Tribunal's clarification on the retrospective operation of Section 94 (8) from a subsequent decision, not for the assessment year in question. Case-Laws Income Tax Tue, 27 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256211